Daily Market Watch: Monday 9 November 2026, London Session
Gold rose 80 points in Asia. Conditional London setups: NZDJPY long, AUDNZD short and XAUUSD long, with entry conditions, stops and targets.
Author: Will Simpson
Snapshot taken heading into the London open, around 05:30 GMT. Levels are from Arcis Charts.
Asia recap
The Asia session ran roughly 23:00 to 06:00 GMT.
Gold was the big mover. It broke above the daily resistance at 4083 and ran from 4054 to 4134, about 80 points in one session. It was trading near 4122 at the snapshot.
The Arcis Daily Levels scanner found two H1 short rejection triggers across the 28 FX pairs: AUDCAD at resistance 0.97297 (prior day high) and EURCAD at resistance 1.57488 (prior day high). Neither is a featured setup today.
NZDJPY ranged 87.91 to 88.55 and was near 88.45. AUDNZD slid through 4H support and was sitting on its Asia low near 1.2321.
Data note: the FX 15m candles were only available through about 03:45 GMT, so the FX Asia ranges above are the visible Asia range, not confirmed through the snapshot time.
CADJPY is dropped from today's list. A stop beyond the Asia low or structure did not give a sensible target for the risk.
London setups
Every setup is conditional. A touch of the level is not a trade. No orders have been placed.
1. NZDJPY LONG
Entry condition: pullback into 88.20 that holds, then a 15m rejection or bullish engulfing
Stop: below the Asia low 87.91
T1: 89.35 (4H resistance)
T2: 90.34 (daily resistance)
Invalidation: 15m close below the Asia low 87.91
Why: kiwi yen is bouncing off its daily lows. Buying a held pullback keeps the stop beyond the Asia extreme with HTF targets overhead.
2. AUDNZD SHORT
Entry condition: failed retest of 1.2355 to 1.2360 (broken 4H support), then a 15m rejection
Stop: 1.2375 (above the Asia high 1.2371, with a buffer)
T1: 1.2269 (daily support)
T2: none set, manage at T1
Invalidation: 15m close back above 1.2371
Why: price broke the 4H support at 1.2355 and sat on the Asia low near 1.2321. Selling the retest, not the low, keeps the risk small against the daily target.
3. XAUUSD LONG
Entry condition: pullback into 4109 that holds, then a 15m rejection or bullish engulfing
Stop: under 4083 (the broken daily resistance)
T1: 4147 (4H resistance)
T2: new highs above 4147, trail the stop (no fixed level above the 4H resistance)
Invalidation: 15m close back below 4083
Why: gold broke the daily level and ran 80 points in Asia. No chase at the highs. The plan is to buy a held pullback into the breakout area.
Session and news risk
London opens 08:00 GMT. Today's calendar includes the German trade balance at 07:00 GMT, Sentix at 09:30 GMT and US wholesale inventories at 15:00 GMT, with Fed and BoE speakers later. Recheck times before trading.
Execution discipline
Planning prices are not live orders. Confirmation is required, and spread, slippage and fees affect realised results. Results are tracked in pips and points. Not financial advice.
For the full daily trade list and rules-based trading, visit arcistrade.tech.