Yen steady and euro rangebound ahead of BoJ inflation gauges and Lagarde remarks
Market Recap XAUUSD+ Gold (XAUUSD) traversed a 120.93-point session on Monday, reaching a 5- and 10-day high at 5111.06 at 08:51 before fading to a late low at 4990.13 at 23:36, and settling at 5008.49. The close was up 2.51 from the open of 5005.98, a gain of 0.0…
Sterling climbs and gold firms while equities soften before Chinese credit data
Market Recap XAUUSD XAUUSD finished the 23 Jan session near its highs, closing at 4,988.09, a gain of 45.85 points or 0.93% from the 01:00 open at 4,942.24. Price action first extended lower, touching 4,899.82 at 11:29 and briefly probing the 4,900 handle, be…
Gold Breaks Above 4200 as Pound Extends Gains Ahead of Key U.S. Data
XAUUSD Gold (XAUUSD) advanced within a 12h38m session that opened at 4144.53 and closed at 4201.14, up 56.61 points or 1.37%. The range spanned 77.59 points, equating to 1.87% of the open. Price dipped early to the session low of 4140.67 at 01:05, then climbed stea…
Sterling Stabilizes and Yen Holds Firm
XAUUSD XAUUSD finished the session at 4164.83, up 54.82 or 1.33% from the 01:00 open at 4110.01. Price traversed a 59.69 range, equal to 1.45% of the open, setting the day’s low at 4106.69 at 01:40 before advancing to the high at 4166.38 at 06:52 and…
Aussie Edges Higher Ahead of Fed and BoE Speeches
XAUUSD XAUUSD closed strong on Monday at 4111.39, up 109.96 or 2.75% from the 4001.43 open, with an intraday range of 120.77 that equated to 3.02% of the opening level. The day began with the low at 3996.33 at 01:00, placing price fractionally below …