Market Overview

Dollar gains on resilient US data while sterling slips before BoE
Market Recap XAUUSD XAUUSD ended the session at 4965.2, up 18.8 or 0.38% from an open at 4946.4, after traversing a 237.34-point span that equated to 4.8% of the open and about 90% of the 14-day daily ATR of 264.47. Price pressed higher through the morning to a peak at 5091.9 at 10:01, trading above the 5000 figure, before reversing into…
Gold rallies and Aussie firms after RBA hike ahead of ADP and ISM
Market Recap XAUUSD XAUUSD ended the session higher, settling at 4,946.45 after posting a high of 4,993.87 at 18:39 and a low of 4,665.96 at 01:00. The day opened at 4,672.25 and closed up 274.20, a gain of 5.87%. Price traversed a 327.91-point range, equivalent to 7.02% of the open, with the low set immediately at the start and the high arriving later in the evening, indicating a…
Gold and oil slip as equities rise on stronger ISM ahead of RBA
Market Recap XAUUSDXAUUSD traversed a 481.66-point span in the 01:00–23:57 session, equivalent to 10.01% of the open, and registered fresh 5‑day and 10‑day lows. The market opened at 4809.55, set the day’s high at 4884.48 by 02:22, then moved lower to the session trough at 4402.82 at 08:38. It pared part of the decline into the afternoon and closed at 4658.40, a…
Dollar firm and yen soft as gold slumps ahead of China PMIs
Market Recap XAUUSD XAUUSD fell across the session, closing at 4885.55, down 498.52 points or 9.26%. Price opened at 5384.07 and set the day’s high early at 5450.92 at 02:11, before sliding to a 5‑day low at 4691.32 at 20:38; it later recovered modestly into the close, which landed in the lower quarter of the day’s range. The intraday span measured 759.60 points, or 14.11%…
Yen firms as softer Tokyo inflation and US claims keep focus on China PMI
Market Recap XAUUSD XAUUSD covered a 496.1 range on Thursday, equal to 9.15% of the open and 337.2% of its D1 ATR. It printed the session high at 5598.98 at 01:39, establishing new 5‑day and 10‑day highs, before sliding to the low at 5102.88 at 17:28; it then finished at 5378.09, down 44.62 (-0.823%) from the 5422.71 open. The close sat slightly above…
