Market Overview

Dollar firms as risk tone softens ahead of US PPI and Canada GDP
Market Recap XAUUSD XAUUSD opened Thursday’s session at 5161.85 and traversed a 75.0-point range, or 1.45% of the open, from a high of 5205.5 at 07:25 to a low of 5130.5 at 17:27, before settling at 5184.9. The close marked a gain of 23.05 on the day, up about 0.45%, and finished above the intraday midpoint at 5168.0, leaving price in…
Euro pressured by soft inflation while gold firms before US jobless claims
Market Recap XAUUSD XAUUSD closed at 5168.97, up 25.73 or 0.5% from the 5143.24 open. The session low printed almost immediately at 5121.58 at 01:01, then price advanced into the evening to a high of 5217.64 at 19:12 before easing into the finish. The day’s range measured 96.06, equivalent to 1.87% of the open and 78.6% of the D1 ATR. The close sat just…
Gold advances as stocks retreat with focus on US confidence and ECB remarks
Market Recap XAUUSD XAUUSD ended the session at 5227.92, up 124.38 or 2.44% from the 5103.54 open, after traversing a 136.3-point range equal to 2.67% of the opening level. The day’s low was posted immediately at 01:00 at 5101.55, just above the 5100 figure, and it remained intact as price advanced through the session. The market traded through the 5200 handle and pushed into the 5230s,…
Gold rallies while dollar slips after weak US growth and China credit eyed
Market Recap XAUUSD XAUUSD finished the session at 5107.96, setting the high at 23:56 and closing at that level, up 109.30 or 2.19% from the 4998.66 open. Price ranged 126.20, equal to 2.52% of the open, between a low of 4981.76 at 05:42 and the late-session peak. The close at the extreme top of the intraday range followed a structure where…
Oil advances on crude draw as gold firms ahead of US GDP
Market Recap XAUUSD XAUUSD opened at 4975.83 and set the session low at 4960.69 at 02:58 before advancing through the 5000 round figure and printing the high at 5022.28 at 17:36; it settled at 4996.3, up 20.47 on the day, a gain of 0.411%. The intraday range spanned 61.59, or 1.24% of the open, with the close positioned in the upper…
