【Daily Report】May 1, 2026 (Friday)
First day of Golden Week, gold declines again as liquidity decreases; carry over weekend with unrealized loss of 900,000 yen

Today 5/1 (Fri) began with rebound after yesterday’s FOMC close around $4,629, but after Asia time the downtrend continued. With Japan’s GW first day greatly reducing market participants,low liquidity encouraged one-way moves. Unable to break through the $4,650 resistance, it fell back and around Europe OPEN, dropped to the $4,480s range.

From the previous day’s “rebound + expectation for this week’s comeback,” this can be called a miscalculation, but this is the reality of automated trading. As of 20:50, it hovered around $4,490, with only one remaining event today at 23:00: US ISM Manufacturing PMI.NFP, the largest event expected this week, is postponed to 5/8 (Friday)and will be carried over to next week.

If ISM Manufacturing shows a favorable result (expansion > 50), expect short-term dollar buying and gold selling; if weak (contraction < 50), the opposite. However, the week’s biggest event has already passed with the FOMC, so ISM tends to have limited price movement.

Screenshot (Shoginryu)

As of 20:50 today, Shoginryu’s confirmed profit is ±0 JPY. Number of positions is the same as the previous day’s close38 positions unrealized loss worsened from -104,993 JPY to-434,432 JPY by about 330,000 JPY.

The gold decline caused by GW first-day liquidity drop hit hard. Maintenance margin stands at 3,389.9%, down from yesterday’s 4,560%, but there remains a comfortable capital buffer.

Shoginryu includes a news filter, automatically pausing new entries around major economic releases. After tonight and next week (Japan markets closed May 4), the next main battlefield will be from May 5 (Tuesday) onward.

Screenshot (CHAOS_GOLD_LISKOFF_MT5)

CHAOS_GOLD was active today on Friday. From 21 positions at end of yesterday,23 positions were added (new entries at 4:00 and 18:00). Unrealized loss worsened from -268,524 JPY to-462,093 JPY by about 190,000 JPY.

Maintenance margin at 5,242.9% remains higher than Shoginryu. Today’s 18:00 settlement decision was net negative, so no single-profit take, carrying over to the weekend.

Next week Monday (5/4) is a Japanese holiday, so the next major moves will be from 5/5 (Tuesday) onward. The week’s biggest event, employment data (NFP), will be released on 5/8 (Friday), so positions will be carried over toward the latter half of next week.

This week, gold fell for four days from Monday to Wednesday, expanding unrealized losses to -1,022,000 JPY. After Thursday’s FOMC, it rebounded by about $100 to shrink to about 370,000 JPY, but on Friday, GW first day liquidity drop caused another decline, ending the week and holiday with around 900,000 JPY unrealized loss.

This week’s unrealized loss of 900,000 JPY will move a lot depending on next week’s market. If NFP on 5/8 triggers a gold rebound, unrealized losses may shrink and profit-taking become possible. We will continue to report honestly.

If you find this report helpful, please consider leaving a review on GogoJungle product page. We would be grateful for candid feedback, both positives and concerns.

※This article is provided for information purposes only and is not investment solicitation. The performance results shown are past results and do not guarantee future profits. FX/CFD trading involves risk. Please make investment decisions at your own risk.