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Dollar bid after claims drop as euro softens before Japan inflation
Market Recap XAUUSD Gold (XAUUSD) closed at 4208.2, a decline of 49.52 (-1.163%) from the 01:00 open of 4257.72. The session spanned 128.32 points, or 3.01% of the open, with an early peak at 4329.95 recorded at 05:13 and a late trough at 4201.63 printed at 22:32. Price advanced into the 4320s during the first hours, then retraced below the 4300…
Gold edges higher as stocks fade after Eurozone inflation surprise ahead of BoE and US claims
Market Recap XAUUSD XAUUSD finished the session at 4342.83, up 9.81 or 0.226% from an open of 4333.02, after trading between 4328.54 and 4349.64. The low printed at 03:00 and the high at 04:11, setting a 21.1 range that equated to 0.49% of the open and roughly 19.5% of the D1 ATR14 of 108.04. Price moved lower early to 4328.54, which held 8.54…
Dollar steadies and gold holds gains as traders eye Fed and UK inflation
Market Recap XAUUSD XAUUSD traded a 48.95 range on Tuesday, setting the session high at 4354.9 at 15:59 after marking the low at 4305.95 at 01:28. It opened at 4309.64 and settled at 4330.92, up 21.28 on the day, a gain of 0.494%. The intraday range represented 1.14% of the opening price. Price action dipped in the opening hour toward the…
Risk tone muted with yen and aussie steady before BoJ and RBA decisions
Market Recap XAUUSD XAUUSD traversed a 108.18 range, equal to 2.53% of the open, marking a five-day high at 4369.5 at 17:07 after setting the session low at 4261.32 at 01:00. It finished the session at 4308.8, a gain of 33.49 (0.78%). The open was 4275.31, and the close settled below the intraday midpoint, leaving price in the lower half of…
Gold edges up as oil weakens with Euro inflation steady and China loans due
Market Recap XAUUSD XAUUSD finished the 12 Jun session at 4218.54, up 0.11% (+4.77) from the 4213.77 open. Price covered a 76.3-point span, or 1.81% of the open, with the day’s high posted early at 4246.62 at 01:57 and the low set at 4170.32 at 10:33. The close sat around 63.2% of the session’s low-to-high range, leaving it in the upper…
