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XAUUSD at 4016.38, near the top of a 140.3 pip London range

A USD 2-Year Note Auction is scheduled at 17:00 UTC, impact 2 of 3

XAUUSD · London session · Published Oct 26, 2026, 8:35 AM

XAUUSD last traded at 4016.38, inside a London session that has run 140.3 pips between 4003.42 and 4017.46 since the 07:00 UTC open. The nearest level above is the round number at 4020.00, 36.2 pips away, with the previous session high at 4019.50 just 31.2 pips above; below sit the round number at 4010.00, 63.8 pips down, and the session open at 4006.46.

The Asia session ran 415.5 pips between 3977.96 and 4019.50 and closed at 4006.46, and the prior trading day covered 582.8 pips. An ordinary day of the last 14 covers 691.4 pips, and the latest day sits at the 29th percentile of the last 42 days we hold, which is an ordinary day for this market.

The calendar holds one release of impact 2 or 3 in the next 24 hours, the USD 2-Year Note Auction at 17:00 UTC, with a previous result of 4.787%. Over 421 past releases of that family XAUUSD moved 38.81 pips on average in the first 15 minutes and 76.77 in the first 60, in either direction.

Large speculators are net long 199865 contracts in the CFTC Commitments of Traders report of 2026-10-20, a change of -8014 on the week and the 53rd percentile of the last 52 weekly reports. The most recent headline graded for XAUUSD, from FXStreet at 08:27 UTC, carries impact 2 of 3 and concerns the US Dollar Index ahead of FOMC.

Session brief

  1. XAUUSD, London sessionOpen 4006.46, high 4017.46, low 4003.42, close 4016.38: a range of 140.3 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 3999.08, high 4019.50, low 3977.96, close 4006.46: a range of 415.5 pips over 540 minutes, from our own one-minute candles.
  4. XAUUSD daily rangeAn ordinary day of the last 14 covers 691.4 pips. The latest day sits at the 29th percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. Economic calendar for XAU and USD1 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-27 08:35 UTC. Our calendar covers up to 2026-11-25 00:00 UTC.
  6. XAUUSD reaction to auction_usdOver 421 past releases XAUUSD moved 38.81 pips on average in the first 15 minutes and 76.77 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 088691Large speculators are net long 199865 contracts, a change of -8014 on the week. That is the 53rd percentile of the last 52 weekly reports.
  8. US Dollar Index Price Forecast: DXY holds bullish bias above 101.50 ahead of FOMCFXStreet. Graded impact 2 of 3 for XAUUSD by our headline classifier.
  9. USD 2-Year Note AuctionScheduled 2026-10-26 17:00 UTC, impact 2 of 3. Previous 4.787%. From MQL5 Economic Calendar.

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.