Technical Analysis
Gold Remains Rangebound as Markets Search for Clear Direction
Gold continues to consolidate below recent highs as real yields chop sideways and traders wait for a decisive macro catalyst.
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Senior Technical Analyst
Claire is a technical analyst and market commentator with more than two decades of trading experience in Forex and other leveraged markets.
Claire Donnelly is a technical analyst and market commentator at PipDig with more than two decades of trading experience in Forex and other leveraged markets. She specializes in chart-based analysis of major currency pairs, stock indices, commodities, and energy markets, focusing on clear support and resistance levels, trend structure, and risk management. Claire produces daily written and video analysis for traders of every experience level.
Gold continues to consolidate below recent highs as real yields chop sideways and traders wait for a decisive macro catalyst.
CAD/JPY broke decisively below the 112 support shelf as yen strength persists, opening the door to a deeper retracement.
Copper's pullback toward trend support has buyers watching closely, with the longer-term structural demand story intact.
Silver is stuck near $60 as falling yields, geopolitics, and growth concerns leave traders watching for clearer direction in a noisy range.
USD/MXN trades in its lower realm after Fed-driven USD weakness, as institutions await fresh geopolitical signals before committing to heavier selling or reversals.
Bitcoin continues to consolidate above the psychologically important six-figure mark, with ETF flows steady and volatility compressing.
WTI crude broke below $80 as supply fears eased, leaving the energy complex searching for its next catalyst.
AUD/USD balances supportive commodity prices against a cautious central bank, leaving the pair coiled beneath a well-defined ceiling.