Market Overview

Gold holds gains while Dow slips amid light data calendar

ADFX Team

Market Recap

XAUUSD
XAUUSD closed at 4299.84, up 18.69 points (0.44%) from the 4281.15 open, after an intraday span of 95.72 points, or 2.24% of the open. The session printed a new 5‑day and 10‑day high at 4353.59 at 16:57, with the low arriving later at 4257.87 at 18:43. Price traded on both sides of the 4300 figure and crossed both 10‑ and 100‑handle thresholds during the day, moving from the 4280s early on to the 4350s into late afternoon, then down to the 4250s before recovering toward the 4290s into the 23:56 close. The close sat below the session midpoint of 4305.73 yet above the open, placing it in the lower half of the day’s range and well off the extremes set around the late‑afternoon high and early‑evening low. The intraday sequence featured the high preceding the low, with no subsequent re‑test of the peak after 16:57. From a higher‑timeframe perspective, price remained above the daily 50‑period simple moving average at 4114.16, and on the H4 view the RSI‑14 registered 68.06. The session thus combined a positive close with a broad range that encompassed a round‑number traversal of 4300 and recorded fresh multi‑session highs, while finishing below the midpoint after the late pullback. No tick volume or daily ATR context was provided.

US30
US30 traded within a 558-point span on Friday, setting the session high at 48,961.58 at 16:49 and the low at 48,403.58 at 18:39, before settling at 48,570.58. That finish left the index down 324 points on the day, a decline of 0.663%, and 391 points off the high while 167 points above the low. The session range equated to 1.14% of the opening level. Price opened at 48,894.58 and advanced into the afternoon to register a fresh 5‑day and 10‑day peak at the high, just shy of the 49,000 round figure, then retreated into the close. The close sat below the intraday midpoint at 48,682.58, placing it in the lower third of the day’s range, and came just under the 48,600 handle. The late-day low held above 48,400, while the open was near 48,900, highlighting repeated interaction with whole-figure levels through the session. On higher timeframes, spot remains above the H4 50‑period simple moving average at 47,999.3, and well above the daily lower Bollinger Band at 45,681.56. The new high at 16:49 matched the highest level recorded in the past week and past two weeks, confirming a multi‑day extension before the subsequent pullback. By the close at 23:59, the index had retraced below the session midpoint but stayed markedly above the referenced H4 moving average context.

Economic Calendar Recap & Preview

At 09:00 server time, the UK’s GDP month over month carried a prior of 0.0 percent and a 0.0 percent forecast, while euro area CPI was due at the same time—year over year previously 2.3 percent with a 2.3 percent forecast, and month over month previously minus 0.2 percent with a minus 0.2 percent forecast—but the feed provided no actual prints. Over the next 24 hours, there are no scheduled economic releases.

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