Sterling drifts lower and gold gains as euro area inflation cools 

Market Recap  XAUUSD Between 01:00 and 23:56 server time, XAUUSD traded a 64.15-point session, opening at 3977.66, posting a low at 3959.67 at 16:01 and a high at 4023.82 at 19:24, before closing at 4018.26. That left the day up 40.6 points, or 1.02%, with the range equating to 1.61% of the open and 65.9% of the prevailing daily ATR. Pric…

Gold firms and equities ease after weak Canada inflation ahead of New Zealand CPI 

Market Recap  XAUUSD XAUUSD closed at 4008.48 for the 20 Jul session, up 5.35 or 0.134% from the 4003.13 open, after a 57.88-point intraday range that equated to about 1.45% of the open and sat below the D1 ATR14 of 85.5. The sequence of extremes was low before high, with the session trough at 3982.8 at 03:02 and the peak a…

Dollar firm and yen soft as gold slips before euro area inflation 

Market Recap  XAUUSD XAUUSD finished the session at 3976.45, a decline of 88.93 (-2.19%) on a day that ranged 97.98 points, equal to 2.41% of the open and about 102.7% of the D1 ATR. Price opened at 4065.38 and set the day’s high almost immediately at 4067.32 at 01:00, then worked lower into late trade, marking the low…

Euro advances and gold holds firm as dollar softens before claims and UK GDP 

Market Recap  XAUUSD Gold (XAUUSD) traversed a 63.87-point session on Wednesday, a move equal to 1.58% of the open, finishing modestly higher. The market opened at 4053.36 and slipped to the intraday low of 4017.40 by 11:14, keeping the 4000 figure intact, before rebounding into the New York afternoon to print the session high a…

Dollar softens and gold advances after soft US CPI as China GDP awaited 

Market Recap  XAUUSD XAUUSD covered a 120.2 range on 14 July, or 3.0% of the open, between a session low at 03:07 of 3983.6 and a session high at 15:33 of 4103.79. The market opened at 4004.79 and settled at 4052.58, finishing up 47.79 on the day, a gain of 1.19%. The low established fresh 5‑day and 10‑day lows and matched the f…