Market Recap 

XAUUSD 
XAUUSD traced a broad session on Thursday, opening at 5176.13 and finishing at 5079.72 for a loss of 96.41 or 1.863%. Price marked its intraday high at 5191.74 at 13:06 before sliding into late trade, setting the low at 5055.11 at 23:31, and closing nearer the session floor than the peak. The day’s range measured 136.63, equivalent to 2.64% of the open, with the close sitting under 5100 and about 24.6 above the low, while the upside remained capped beneath 5200 throughout. The sequence skewed lower in the back half of the session, with the early bid into midday giving way to a steady descent into the final hour; the late print held above the 5050 area. On the higher timeframes, the H4 50-period simple moving average at 5155.79 remained above settlement, and intraday trade spent the latter portion of the day below that reference. On the daily backdrop, the Bollinger envelope spanned 4912.87 to 5335.28 and the entire session unfolded within those bands. Momentum gauges were subdued on D1, with RSI14 at 44.63 and the MACD signal line at 76.47. By the close, XAUUSD had surrendered the early push toward 5200, leaving the session biased toward the lower end of its intraday distribution and underscoring a net decline within a still-contained daily volatility profile. 
 

EURUSD 
EURUSD ended the session at 1.15335, a decline of 0.00306 or 0.265% from the 1.15641 open, after trading a 0.00416 range (about 41.6 pips), equal to 0.36% of the opening level. The high was set early at 1.15727 at 00:59, followed by a steady move lower into the European morning that culminated in the low at 1.15311 at 07:50. The close came about 2 pips above that trough, leaving price in the lower quartile of the day’s span. Price action stayed within the 1.15 handle throughout, pressing the 1.1530 area late while remaining short of the 1.1600 figure; on the topside, the early lift stalled below 1.1575 and did not revisit the opening print after 01:00. From a higher-timeframe perspective, the pair remained below its D1 20-day simple moving average at 1.17192, with the close around 186 pips beneath that reference. On H4, the MACD signal line hovered around zero on the negative side, pointing to a subdued momentum profile on that timeframe. The intraday sequence featured the session high in the first hour and a series of lower highs and lows into the close, retracing the initial uptick and consolidating near 1.1533. The session low left the pair roughly 31 pips above the 1.1500 round figure by the end of the window, while the close positioned the market near the day’s extreme rather than the midpoint. 

Economic Calendar Recap & Preview 

U.S. labor data held steady Thursday, as initial jobless claims printed 213k, exactly matching the prior 213k and undershooting the 221k forecast, indicating layoffs remain subdued versus expectations. Attention now shifts to U.S. growth figures due Friday at 15:30 server time: GDP quarter over quarter is projected at 1.4 percent after 1.4 previously, and GDP Sales quarter over quarter is expected at 1.2 percent, also unchanged from the prior 1.2. The simultaneous release at 15:30 will focus investors on whether headline GDP diverges from sales, a gauge that tends to smooth inventory-driven volatility; a stronger-than-forecast print could curb expectations for near-term Federal Reserve easing. No major speeches or meetings are slated around the release window, so the data are likely to dominate the session’s narrative. As both growth indicators arrive together, be mindful of a potential pickup in cross-asset volatility around the timestamp, especially if either series deviates meaningfully from the flat consensus.