Market Analysis
EURUSD weekly: euro drops 111 pips to 1.14817, 2026-09-14
EURUSD gave up 111 pips over the week of 14 September 2026, with the whole loss landing in a single Wednesday session that broke 1.1500.
4 min readGold opened Monday at 4084.27 and closed Friday at 3988.42 on XAUUSD. The week's high printed 4100.93 on Tuesday, and the low reached 3969.22 on Thursday. That leaves a net move of about 95.85 dollars lower, roughly 2.3 percent off the open, with sellers taking control in the back half of the week.
The calendar was light, so headlines drove the tone. Bernstein lifted its 2026 gold target to 4,533 dollars on Wednesday evening, citing central bank buying and muted Fed hikes. That note landed while price was still holding above 4050, yet it failed to spark fresh demand. Thursday told the real story: gold broke down from 4057.79 open to a 3969.22 low and closed at 3985.82, a swing of nearly 90 dollars in a single session.
Friday's volume collapsed to 54,979 against a mid-week average near 180,000, so the small bounce to a 3988.42 close came on thin participation rather than committed buying.
The bundle carries no scheduled high-impact events for the coming week. With the calendar empty, watch the dollar tape and any follow-through from central bank commentary. If risk sentiment sours and the dollar softens, gold tends to find bids on safe-haven flow. If yields push higher and the dollar firms, the metal typically stays capped and drifts back toward the recent lows. Treat any low-volume moves with caution until fuller participation returns.
LHFX client positioning shows 56.1 percent long against 43.9 percent short as of 2026-07-17. That is a modest long skew. Consensus still leans toward a rebound after this week's drop, but the tilt is far from crowded, so the crowd is not heavily one-sided going into the new week.
The 4100.93 weekly high is the first ceiling. If price reclaims and closes above 4057, the prior swing area, that opens the door back toward that high. On the downside, the 3969.22 low is the pivot. If sellers break and close beneath it, the round 3950 area comes into focus. Silver often tracks the same risk backdrop, so watch Silver for confirmation of any broader metals move. If you want to follow these levels in real time, you can open an account with LHFX and track the tape live.
Byline: LHFX Research
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