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Gold holds near 4105.98 after Asia's 160.2 pip range

Initial Jobless Claims at 12:30 UTC is the next release of impact 3 of 3

XAUUSD · Asia session · Published Oct 7, 2026, 10:55 PM

Gold last traded at 4105.98, inside an Asia session that has run 160.2 pips between 4103.24 and 4119.26. The nearest level above is the session open at 4114.72, 87.4 pips up, and the nearest below is the prior week low at 4110.88, 49.0 pips down. Further out sit the round number at 4110.00, 40.2 pips below, and the round number at 4100.00, 59.8 pips below.

New York ran 609.2 pips, opening at 4121.78, reaching 4127.48 and 4066.55, and closing at 4111.10. The prior trading day covered 1037.0 pips, from 4066.55 to 4170.26. An ordinary day of the last 14 covers 805.6 pips, and the latest day sits at the 67th percentile of the last 43 days we hold, which is an ordinary day for this market.

Initial Jobless Claims is scheduled for 12:30 UTC, impact 3 of 3, with a forecast of 190 K and a previous 197 K. Over 99 past releases of that family, XAUUSD moved 72.50 pips on average in the first 15 minutes and 98.60 in the first 60, in either direction. A Fed Governor Waller speech is set for 08:30 UTC, impact 2 of 3.

Large speculators are net long 218632 contracts, a change of -7221 on the week, the 73rd percentile of the last 52 weekly reports. The FXStreet headline on gold and the FOMC Minutes is graded impact 2 of 3 for XAUUSD and was published at 2026-10-07 19:29 UTC.

Session brief

  1. XAUUSD, Asia sessionOpen 4114.72, high 4119.26, low 4103.24, close 4105.98: a range of 160.2 pips over 55 minutes, from our own one-minute candles.
  2. XAUUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. XAUUSD, New York sessionOpen 4121.78, high 4127.48, low 4066.55, close 4111.10: a range of 609.2 pips over 540 minutes, from our own one-minute candles.
  4. XAUUSD, previous trading dayHigh 4170.26, low 4066.55, close 4111.10 on 2026-10-07, a range of 1037.0 pips, from our own candles on the trading day that starts 17:00 New York.
  5. XAUUSD daily rangeAn ordinary day of the last 14 covers 805.6 pips. The latest day sits at the 67th percentile of the last 43 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. USD Initial Jobless ClaimsScheduled 2026-10-08 12:30 UTC, impact 3 of 3. Forecast 190 K. Previous 197 K. From MQL5 Economic Calendar.
  7. XAUUSD reaction to jobless_claims_usdOver 99 past releases XAUUSD moved 72.50 pips on average in the first 15 minutes and 98.60 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USD Fed Governor Waller SpeechScheduled 2026-10-08 08:30 UTC, impact 2 of 3. From MQL5 Economic Calendar.
  9. CFTC Commitments of Traders, 088691Large speculators are net long 218632 contracts, a change of -7221 on the week. That is the 73rd percentile of the last 52 weekly reports.
  10. Gold slides below $4,100 as FOMC Minutes signal further Fed hikesFXStreet. Graded impact 2 of 3 for XAUUSD by our headline classifier.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.