Good morning gold family! Markets reopened today with a bang — XAUUSD gapped higher and already touched +95 pips (open 4595 → high 4690) after yesterday’s quiet $7.2 profit close on January 17.
That small $7.2 gain yesterday (≈14 pips on standard size) turned into ~$216 on a $50 lot with Exness 0.3-pip spreads — another proof that even tiny moves are very profitable in this environment. New to trading? Learn how to start copy trading XAUUSD with Exness in just 5 minutes! Click here to get started.
Today’s massive early surge is clearly driven by fresh safe-haven buying + positioning ahead of tonight’s big China & Euro data:
• China GDP forecast 4.3% YoY (very important)
• Eurozone CPI forecast 2.0%
• Canada CPI forecast 2.3%
Current levels at 09:00 WIB: ~4680–4690 zone — already +85–95 pips from open.
If China GDP comes soft (<4.2%) + Euro CPI misses → very realistic extension toward 4750–4780 today.
Hot prints across the board would likely create first meaningful pullback toward 4620–4640.
Exness copy trading with 0.3-pip spreads is performing exceptionally in this environment — yesterday’s $7.2 was small but perfect, today’s gap is already huge.
Keep stops tight (20–30 pips on core size) — volatility will be extreme tonight.
Ready for the China/Euro fireworks? Let’s make this week legendary!