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XAUUSD at 4016.58, London range 123.8 pips

US Flash Manufacturing PMI is scheduled at 13:45 UTC, with impact 2 of 3

XAUUSD · London session · Published Oct 23, 2026, 8:35 AM

XAUUSD last traded at 4016.58, inside a London session that has run between 4009.66 and 4022.04, a range of 123.8 pips. The nearest level above is the prior day low at 4020.58, 40 pips away, with the round number at 4020.00 just below it at 34.2 pips. Below, the session open sits at 4012.86, 37.2 pips under the last price, and the round number at 4010.00 is 65.8 pips below.

The Asia session opened at 4026.92, ran between 3986.64 and 4032.58 for a range of 459.4 pips, and closed at 4012.86. The prior trading day covered 1265.6 pips, from 4020.58 to 4147.14. An ordinary day of the last 14 covers 683.4 pips, and the latest day sits at the 89th percentile of the last 44 days we hold, which is a busy day for this market.

US Flash Manufacturing PMI and Flash Services PMI are both scheduled at 13:45 UTC, each impact 2 of 3. Over 93 past releases of that family, XAUUSD moved 63.35 pips on average in the first 15 minutes and 110.46 in the first 60, in either direction. Michigan inflation expectations and consumer sentiment releases follow at 14:00 UTC.

Large speculators in the CFTC Commitments of Traders report of 2026-10-13 were net long 207879 contracts, a change of -2456 on the week and the 65th percentile of the last 52 weekly reports. The headline graded for this instrument is the ING note on gold and energy-driven inflation, published at 06:57 UTC at impact 2 of 3.

Session brief

  1. XAUUSD, London sessionOpen 4012.86, high 4022.04, low 4009.66, close 4016.58: a range of 123.8 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 4026.92, high 4032.58, low 3986.64, close 4012.86: a range of 459.4 pips over 540 minutes, from our own one-minute candles.
  4. XAUUSD, previous trading dayHigh 4147.14, low 4020.58, close 4024.69 on 2026-10-22, a range of 1265.6 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 683.4 pips. The latest day sits at the 89th percentile of the last 44 days we hold, which is a busy day for this market. Measured on our own candles.
  6. USD Flash Manufacturing PMIScheduled 2026-10-23 13:45 UTC, impact 2 of 3. Forecast 55.4. Previous 57.0. From Forex Factory.
  7. XAUUSD reaction to pmi_usdOver 93 past releases XAUUSD moved 63.35 pips on average in the first 15 minutes and 110.46 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USD Michigan 5-Year Inflation ExpectationsScheduled 2026-10-23 14:00 UTC, impact 2 of 3. Forecast 3.5%. Previous 3.5%. From MQL5 Economic Calendar.
  9. CFTC Commitments of Traders, 088691Large speculators are net long 207879 contracts, a change of -2456 on the week. That is the 65th percentile of the last 52 weekly reports.
  10. Gold: Energy-driven inflation weighs – INGFXStreet. 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.