CWG Market Update: Gold Holds Around 4,600 in Consolidation; U.S. Dollar Index Rises Above 99 as Markets Focus on Employment Data
At the 09:18 Beijing cutoff, spot-gold bid was 4,600.60 and delayed DXY was 99.11. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1658, 1.3595, 0.7202, 159.34. Source timestamps differ; this is not a sy
Market overview
At the 09:18 Beijing cutoff, spot-gold bid was 4,600.60 and delayed DXY was 99.11. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1658, 1.3595, 0.7202, 159.34. Source timestamps differ; this is not a synchronized snapshot.
Key takeaway
July U.S. import and export prices are confirmed: Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y. Gold was near the middle of its verified day range; subsequent direction in the dollar, gold and major FX pairs still needs live confirmation.
Core market data
| Asset | Latest | Change | Interpretation |
|---|---|---|---|
| XAU/USD | 4,600.60 | +7.70 (+0.17%) | spot gold bid; support 4,592.90 / 4,565.50; resistance 4,643.70 / 4,674.60.
[S1] 2026-08-28 06:00 Beijing Time (2026-08-27 17:00 EST, as displayed) · verified
|
| DXY | 99.11 | -0.020 (-0.02%) | delayed U.S. Dollar Index reference; backup source; support 99.10 / 99.00; resistance 99.14 / 99.25.
[S2] 2026-08-28 09:08:22 Beijing Time · verified
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| EUR/USD | 1.1658 | -0.0002 (-0.02%) | FX reference quote; backup source; support 1.1655 / 1.1642; resistance 1.1659 / 1.1673.
[S3] 2026-08-28 09:18:06 Beijing Time · verified
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| GBP/USD | 1.3595 | +0.0003 (+0.02%) | FX reference quote; backup source; support 1.3591 / 1.3575; resistance 1.3598 / 1.3615.
[S4] 2026-08-28 09:18:06 Beijing Time · verified
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| AUD/USD | 0.7202 | +0.0018 (+0.25%) | FX reference quote; backup source; support 0.7196 / 0.7184; resistance 0.7203 / 0.7215.
[S5] 2026-08-28 09:18:06 Beijing Time · verified
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| USD/JPY | 159.34 | +0.167 (+0.10%) | FX reference quote; backup source; support 159.29 / 159.17; resistance 159.40 / 159.50.
[S6] 2026-08-28 09:18:25 Beijing Time · verified
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Market review
July U.S. import and export prices were Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y. Latest official H.15 closes: 2Y 4.19%, 10Y 4.66% and 30Y 5.18%.
Trade prices confirmed
July U.S. import and export prices were Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y. No unverified forecast is added.
Non-synchronous quotes
DXY is delayed, gold is a spot bid and FX values are separate page references; timestamps must be read independently.
Market dynamics
Gold range
Gold bid is 4,600.60 within the verified 4,565.50-4,643.70 day range.
Treasury curve
Latest official closes are 2Y 4.19%, 10Y 4.66% and 30Y 5.18%.
Next official schedule
The next confirmed U.S. release is scheduled for 08-28 22:00 Beijing Time; no actual value is available yet.
Economic calendar - confirmed times only
| Beijing time | Region | Confirmed event | Status |
|---|---|---|---|
| 08-28 22:00 | US | U.S. county employment and wages - Q1 2026 | Time verified; not released at cutoff |
| 08-28 22:00 | US | U.S. CES preliminary benchmark (national) - March 2026 | Time verified; not released at cutoff |
| 08-28 22:00 | US | U.S. CES preliminary benchmark (state and area) - March 2026 | Time verified; not released at cutoff |
Cross-asset verified comparison
Technical levels
Levels use only the latest verified references. Recheck live prices and spreads before acting.
| Asset | Reference | Resistance | Support | Invalidation |
|---|---|---|---|---|
| DXY | 99.11 | 99.14 / 99.25 | 99.10 / 99.00 | Below 99.00 |
| EUR/USD | 1.1658 | 1.1659 / 1.1673 | 1.1655 / 1.1642 | Below 1.1642 |
| GBP/USD | 1.3595 | 1.3598 / 1.3615 | 1.3591 / 1.3575 | Below 1.3575 |
| USD/JPY | 159.34 | 159.40 / 159.50 | 159.29 / 159.17 | Below 159.17 |
| AUD/USD | 0.7202 | 0.7203 / 0.7215 | 0.7196 / 0.7184 | Below 0.7184 |
| XAU/USD | 4,600.60 | 4,643.70 / 4,674.60 | 4,592.90 / 4,565.50 | Below 4,565.50 |
Released data
| U.S. import and export prices - July | Import prices -0.4% m/m and +5.9% y/y; export prices -1.3% m/m and +8.2% y/y | [S13] |
| U.S. PPI - July | Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y | [S9] |
| U.S. CPI - July | Headline +0.1% m/m, +3.4% y/y; core +0.2% m/m, +2.5% y/y | [S10] |
| U.S. Employment Situation - July | Payrolls -23,000; unemployment 4.1%; hourly earnings +3.2% y/y | [S12] |
Conditional scenarios
| Trigger | Confirmation | Invalidation | Path |
|---|---|---|---|
| DXY above 99.25 | Gold below 4,592.90 and EUR/USD below 1.1642 | DXY below 99.00 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 99.00 | Gold above 4,643.70 and EUR/USD above 1.1659 | DXY back above 99.25 | A softer dollar may allow gold and non-dollar currencies to recover. |
Not a trading instruction. Confirm all triggers with live platform data.
Hot markets: charts and key ranges
Four panels cover XAU/USD, EUR/USD, GBP/USD, AUD/USD and position each reference within its verified day range; they do not depict an intraday path.
