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Gold holds 4184.48, London range 137.6 pips

US Import and Export Price Index releases are due at 12:30 UTC, 219 minutes away

XAUUSD · London session · Published Oct 16, 2026, 8:50 AM

Gold last traded at 4184.48, inside a London session that has run between 4176.36 and 4190.11, a range of 137.6 pips. The nearest level above is the round number at 4190.00, 55.2 pips away, and the nearest below is the round number at 4180.00, 44.8 pips away.

The Asia session closed at 4177.18 after trading between 4147.34 and 4186.48, a range of 391.3 pips. The prior trading day covered 774.6 pips, while an ordinary day of the last 14 covers 793.9 pips, and the latest day sits at the 39th percentile of the last 44 days we hold, which is an ordinary day for this market.

Eight scheduled releases of impact 2 or 3 fall in the 24 hours to 2026-10-17 08:50 UTC, starting with the USD Import Price Index m/m at 12:30 UTC, forecast 0.4% against a previous 0.7%. Over 71 past industrial production releases XAUUSD moved 41.50 pips on average in the first 15 minutes and 85.20 in the first 60, in either direction.

Large speculators are net long 210335 contracts, a change of -8297 on the week, the 67th percentile of the last 52 weekly reports. The loudest headline graded for XAUUSD is from Action Forex at 02:26 UTC, graded impact 2 of 3.

Session brief

  1. XAUUSD, London sessionOpen 4177.10, high 4190.11, low 4176.36, close 4184.48: a range of 137.6 pips over 110 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 4172.49, high 4186.48, low 4147.34, close 4177.18: a range of 391.3 pips over 540 minutes, from our own one-minute candles.
  4. XAUUSD daily rangeAn ordinary day of the last 14 covers 793.9 pips. The latest day sits at the 39th percentile of the last 44 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. USD Import Price Index m/mScheduled 2026-10-16 12:30 UTC, impact 2 of 3. Forecast 0.4%. Previous 0.7%. From MQL5 Economic Calendar.
  6. XAUUSD reaction to industrial_production_usdOver 71 past releases XAUUSD moved 41.50 pips on average in the first 15 minutes and 85.20 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 088691Large speculators are net long 210335 contracts, a change of -8297 on the week. That is the 67th percentile of the last 52 weekly reports.
  8. Fed’s Hammack Warns Inflation Expectations Could Force More Aggressive Rate HikesAction Forex. 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.