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Gold holds 4124.40 in a 151.6 pip London range

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

XAUUSD · London session · Published Oct 8, 2026, 8:45 AM

Gold last traded at 4124.40, inside a London session that has run 151.6 pips between 4118.15 and 4133.32. The nearest level above is the round number 4130.00, 56 pips up, and the nearest below is the round number 4120.00, 44 pips down.

Asia traded 401.8 pips between 4103.24 and 4143.42, closing at 4121.80. The prior day ran 1037.0 pips, and an ordinary day over the last 14 covers 805.6 pips, with the latest day at the 67th percentile of the last 43 days, 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 against a previous 197 K. Over 99 past jobless claims releases, XAUUSD moved 72.50 pips on average in the first 15 minutes and 98.60 in the first 60, in either direction.

Large speculators are net long 218632 contracts, a change of -7221 on the week, the 73rd percentile of the last 52 weekly reports. The Federal Reserve headline on Waller and the Summary of Economic Projections is graded impact 2 of 3 for XAUUSD, published at 08:30 UTC.

Session brief

  1. XAUUSD, London sessionOpen 4121.80, high 4133.32, low 4118.15, close 4124.40: a range of 151.6 pips over 105 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 4114.72, high 4143.42, low 4103.24, close 4121.80: a range of 401.8 pips over 540 minutes, from our own one-minute candles.
  4. 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.
  5. USD Initial Jobless ClaimsScheduled 2026-10-08 12:30 UTC, impact 3 of 3. Forecast 190 K. Previous 197 K. From MQL5 Economic Calendar.
  6. 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.
  7. 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.
  8. Waller, The Signaling Value of the Summary of Economic ProjectionsFederal Reserve. 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.