19/10/2026
*π° XAUUSD / XAGUSD β News* _by www.sQuareindia.com_
*Gold:* $4,180 β² 0.35%
*Silver:* $57.75 β² 1.35%
β’ Fed Chair Warsh stayed noncommittal at the IMF. The odds of a hold at the Oct 27β28 meeting rose to about 84%, so an October hike is now close to priced out.
β’ The US paused sanctions on Russian oil, and crude dropped in Asia, which eases inflation fears.
β’ China's Q3 GDP grew 4.5% vs 4.4% expected, which helps metals demand.
β’ The Nikkei fell 2% on worries about AI spending, while US futures are up and the euro sits near a 16-month low as France's unrest weighs.
*Analysis β Technical:* Gold is pushing into the 21-day average at about $4,191, inside the $4,185β4,195 resistance band. A daily close above it opens a move to $4,215β4,227 and then the 100-day average near $4,239. If it fails here, the first support is $4,141β4,150, then last week's low at $4,074. RSI is 46, so momentum is still weak. Silver holding above $57.50 keeps $58.10 in play.
*Upcoming:* Light US calendar today; flash PMIs on Thu, Oct 23.
*Bias:* Gold neutral Β· Silver bullish