XAUUSD · Gold vs US dollar · Swing (1–4 weeks) · D1, H4, H1
Recorded 03/10/2026 23:31 UTC, market closed · valid until 30/10/2026, 21:00 UTC
Updated 2026-10-24
Data: D1, H4 and H1 bars from the capitalcom-demo feed (bid), up to the 02/10/2026 close. Outcome: closed at +1.11R net. It goes into the record like every other.
The move since issue
up down entry stop targets invalidation
H4 bars of the series COMEX gold futures (GC=F), shifted to the analysis scale with the record basis (−21.94), from six bars before issue to the end of the horizon (30/10/2026 21:00 UTC). Lines: published entry, stop, targets and invalidation levels; circles mark the recorded events. Bar source: Yahoo Finance; read on 24/10/2026. Not a forecast.
The price now
For context only. The analysis is from 03/10/2026: its levels apply to that moment, not to today’s price. Source: the XAU/USD quote from gold-api, read every 10 seconds. Not an analysis and not an instruction.
Structure and reasoning
Levels, events and percentiles are the ones computed by the run on D1, H4 and H1 bars from the capitalcom-demo feed, up to the 02/10/2026 close; macro data come from the FXStreet calendar.
D1: lower highs and lower lows since the 4,697.04 high (LH 4,399.31, LL 4,110.47). The bearish CHoCH at 4,234.61 is drift quality: it supports the context but does not decide on its own.
H4: trend down. Its only displacement-quality event is the bearish BOS at 4,254.24.
H1: on 02/10 price rose to 4,218.96, just below the 4,226.14 cluster, and was rejected. A displacement BOS down at 4,165.85 followed, into the 4,124.71 low.
The entry waits for a retrace to 4,187.44 rather than selling into daily demand.
Opposite scenario
Price sits on three stacked demand levels: 4,110.47, 4,098.04 and 4,133.72.
The last H4 bar swept 4,133.72 and closed near its high.
D1 is classified as a range, with very compressed volatility (ATR percentile 7).
The calendar is busy: ISM Services 05/10, FOMC Minutes 07/10, CPI 14/10, PPI and Retail Sales 15/10 (FXStreet calendar).
A close above 4,226.14 would bring the 4,234–4,399 band back into play.
Every Meridian Engine analysis records direction, entry, stop, targets and invalidation before the move; the outcome is checked afterwards on the public price series named on each card, losses included. Waitlist members receive one or two analyses a week by email, free while on the waitlist.