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Gold holds 4183.38, London range 187.7 pips

US labour data lands at 12:30 UTC, 234 minutes away, with three impact 3 releases at once

XAUUSD · London session · Published Oct 2, 2026, 8:35 AM

Gold last traded at 4183.38, inside a London session that has run 187.7 pips between 4177.76 and 4196.52. The nearest level above is the prior day high at 4193.00, 96.2 pips up, with the round number at 4190.00 66.2 pips above. Below sit the round number at 4180.00, 33.8 pips down, and the session open at 4181.06, 23.2 pips down.

Asia traded 630.7 pips between 4133.84 and 4196.92, closing at 4181.08. The prior trading day covered 536.9 pips, from 4139.32 to 4193.00. An ordinary day of the last 14 covers 863.9 pips, and the latest day sits at the 5th percentile of the last 44 days we hold, which is a calm day for this market.

Eight releases of impact 2 or 3 fall in the next 24 hours, starting with the US Unemployment Rate, Average Hourly Earnings m/m and Non-Farm Employment Change at 12:30 UTC, 234 minutes away. Over 21 past releases of that family, XAUUSD moved 191.63 pips on average in the first 15 minutes and 206.46 in the first 60, in either direction. Factory Orders m/m follows at 14:00 UTC, where 46 past releases moved the metal 67.11 pips in the first 15 minutes and 154.57 in the first 60.

Large speculators are net long 225853 contracts, a change of -4485 on the week, the 77th percentile of the last 52 weekly reports. The loudest headline for this instrument is FXStreet on US Nonfarm Payrolls, published at 08:30 UTC and graded impact 2 of 3.

Session brief

  1. XAUUSD, London sessionOpen 4181.06, high 4196.52, low 4177.76, close 4183.38: a range of 187.7 pips over 96 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, Asia sessionOpen 4174.71, high 4196.92, low 4133.84, close 4181.08: a range of 630.7 pips over 540 minutes, from our own one-minute candles.
  4. XAUUSD, previous trading dayHigh 4193.00, low 4139.32, close 4177.68 on 2026-10-01, a range of 536.9 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 863.9 pips. The latest day sits at the 5th percentile of the last 44 days we hold, which is a calm day for this market. Measured on our own candles.
  6. Economic calendar for XAU and USD8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-03 08:35 UTC. Our calendar covers up to 2026-11-01 00:00 UTC.
  7. XAUUSD reaction to nfp_usdOver 21 past releases XAUUSD moved 191.63 pips on average in the first 15 minutes and 206.46 in the first 60, in either direction. Measured on our own one-minute candles.
  8. XAUUSD reaction to durable_goods_usdOver 46 past releases XAUUSD moved 67.11 pips on average in the first 15 minutes and 154.57 in the first 60, in either direction. Measured on our own one-minute candles.
  9. CFTC Commitments of Traders, 088691Large speculators are net long 225853 contracts, a change of -4485 on the week. That is the 77th percentile of the last 52 weekly reports.
  10. US Nonfarm Payrolls expected to soften in SeptemberFXStreet. Graded impact 2 of 3 for XAUUSD by our headline classifier.
  11. USD Non-Farm Employment ChangeScheduled 2026-10-02 12:30 UTC, impact 3 of 3. Forecast 89K. Previous 162K. From Forex Factory.

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.