Gold / copper
9,594equal-weight ratio
-3.09% month on month
Copper outperformed gold in the latest monthly comparison.
A stronger industrial-metal backdrop; less defensive support for gold.
Observation 2026-09-30
World Bank ↗
World Bank ↗
MARKET PULSE / GOLD + FOREIGN EXCHANGE
A clearer view
of the market.
Current structure, daily range and economic context, brought together. Open an instrument to see the evidence behind its M15 outlook.
InstrumentLatest priceDaily range / ADR20Previous sessionSuggested focus
✦ 🇺🇸XAUUSDGold / US dollar—Awaiting fresh quote—of — ADRPreviousAwaiting session dataAwaiting fresh dataM15 · Not available
Waiting for fresh quotes. The previous directional suggestion is not displayed.
🇪🇺 🇺🇸EURUSDEUR / USD1.1152921:02:47 UTC5%of 0.00619 ADRLondon1.11546 – 1.12077Wait for confirmationM15 · Bearish
1.11546 – 1.12077
Daily range / ADR20
20-day average range0.00619
Today's range0.00032
Average range used5%
Low 1.11512High 1.11544
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.44%
1.115461.12077
Current priceBelow
M15 support1.11520
M15 resistance1.11608
M15 outlook
Current trendBearish
Bullish reaction under watch
Suggested focusWait for confirmation
Macroeconomic contextSupports selling
Buy / sell evidence points4.0 / 56.3
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: -25M15 structure: -20M15 momentum: +4.0Previous session: 0Position in daily range: 0H1 trend: -5H4 trend: -5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: -1.3
🇬🇧 🇺🇸GBPUSDGBP / USD1.3205721:02:19 UTC5%of 0.00697 ADRLondon1.32012 – 1.32537Wait for confirmationM15 · Bearish
1.32012 – 1.32537
Daily range / ADR20
20-day average range0.00697
Today's range0.00035
Average range used5%
Low 1.32037High 1.32072
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.37%
1.320121.32537
Current priceInside
M15 support1.32031
M15 resistance1.32086
M15 outlook
Current trendBearish
Bullish reaction under watch
Suggested focusWait for confirmation
Macroeconomic contextSupports selling
Buy / sell evidence points6.7 / 36.3
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: -25M15 structure: 0M15 momentum: +6.7Previous session: 0Position in daily range: 0H1 trend: -5H4 trend: -5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: -1.3
🇺🇸 🇯🇵USDJPYUSD / JPY158.57621:02:20 UTC2%of 1.095 ADRLondon158.364 – 158.747Wait for confirmationM15 · Range-bound
158.364 – 158.747
Daily range / ADR20
20-day average range1.095
Today's range0.023
Average range used2%
Low 158.562High 158.585
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change0.22%
158.364158.747
Current priceInside
M15 support158.578
M15 resistance158.690
M15 outlook
Current trendRange-bound
No confirmed reversal
Suggested focusWait for confirmation
Macroeconomic contextSupports buying
Buy / sell evidence points11.3 / 35
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: 0M15 structure: -20M15 momentum: -15Previous session: 0Position in daily range: 0H1 trend: +5H4 trend: +5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: +1.3
🇺🇸 🇨🇦USDCADUSD / CAD1.4279221:01:10 UTC1%of 0.00552 ADRLondon1.42466 – 1.42821Awaiting fresh dataM15 · Range-bound
1.42466 – 1.42821
Daily range / ADR20
20-day average range0.00552
Today's range0.00008
Average range used1%
Low 1.42792High 1.42800
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change0.24%
1.424661.42821
Current priceInside
M15 support1.42795
M15 resistance1.42863
M15 outlook
Current trendRange-bound
Bearish reaction under watch
Suggested focusAwaiting fresh data
🇦🇺 🇺🇸AUDUSDAUD / USD0.6955521:02:13 UTC12%of 0.00443 ADRLondon0.69569 – 0.69819Awaiting fresh dataM15 · Range-bound
0.69569 – 0.69819
Daily range / ADR20
20-day average range0.00443
Today's range0.00051
Average range used12%
Low 0.69534High 0.69585
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.33%
0.695690.69819
Current priceBelow
M15 support0.69549
M15 resistance0.69594
M15 outlook
Current trendRange-bound
No confirmed reversal
Suggested focusAwaiting fresh data
🇳🇿 🇺🇸NZDUSDNZD / USD0.5586121:02:39 UTC2%of 0.00415 ADRLondon0.55841 – 0.56082Wait for confirmationM15 · Range-bound
0.55841 – 0.56082
Daily range / ADR20
20-day average range0.00415
Today's range0.00010
Average range used2%
Low 0.55857High 0.55867
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.41%
0.558410.56082
Current priceInside
M15 support0.55840
M15 resistance0.55958
M15 outlook
Current trendRange-bound
Bullish reaction under watch
Suggested focusWait for confirmation
Macroeconomic contextSupports selling
Buy / sell evidence points30.6 / 11.3
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: 0M15 structure: +20M15 momentum: +10.6Previous session: 0Position in daily range: 0H1 trend: -5H4 trend: -5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: -1.3
🇪🇺 🇬🇧EURGBPEUR / GBP0.8443721:02:33 UTC1%of 0.00264 ADRLondon0.84445 – 0.84608Wait for confirmationM15 · Bearish
0.84445 – 0.84608
Daily range / ADR20
20-day average range0.00264
Today's range0.00002
Average range used1%
Low 0.84435High 0.84437
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.07%
0.844450.84608
Current priceBelow
M15 support—
M15 resistance0.84497
M15 outlook
Current trendBearish
Bullish reaction under watch
Suggested focusWait for confirmation
Macroeconomic contextNot available
Buy / sell evidence points0 / 40.7
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: -25M15 structure: 0M15 momentum: -5.7Previous session: 0Position in daily range: 0H1 trend: -5H4 trend: -5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: unavailable
🇪🇺 🇨🇦EURCADEUR / CAD1.5924121:02:41 UTC1%of 0.00675 ADRLondon1.59308 – 1.59745Wait for confirmationM15 · Bearish
1.59308 – 1.59745
Daily range / ADR20
20-day average range0.00675
Today's range0.00006
Average range used1%
Low 1.59240High 1.59246
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.20%
1.593081.59745
Current priceBelow
M15 support—
M15 resistance1.59417
M15 outlook
Current trendBearish
No confirmed reversal
Suggested focusWait for confirmation
Macroeconomic contextNot available
Buy / sell evidence points0 / 51.6
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: -25M15 structure: 0M15 momentum: -6.6Previous session: -10Position in daily range: 0H1 trend: -5H4 trend: -5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: unavailable
🇬🇧 🇨🇦GBPCADGBP / CAD1.8851021:02:41 UTC11%of 0.00816 ADRLondon1.88532 – 1.88883Wait for confirmationM15 · Bearish
1.88532 – 1.88883
Daily range / ADR20
20-day average range0.00816
Today's range0.00087
Average range used11%
Low 1.88510High 1.88597
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change-0.13%
1.885321.88883
Current priceBelow
M15 support1.88556
M15 resistance1.88651
M15 outlook
Current trendBearish
No confirmed reversal
Suggested focusWait for confirmation
Macroeconomic contextNot available
Buy / sell evidence points5 / 32.8
Evidence points compare the weighted inputs below; they are not probabilities.
M15 trend: -25M15 structure: 0M15 momentum: -7.8Previous session: 0Position in daily range: 0H1 trend: 0H4 trend: +5US dollar strength: unavailableGold correlation: unavailableMacroeconomic context: unavailable
🇨🇭 🇯🇵CHFJPYCHF / JPY—Awaiting fresh quote—of — ADRPreviousAwaiting session dataAwaiting fresh dataM15 · Not available
Waiting for fresh quotes. The previous directional suggestion is not displayed.
🇺🇸 🇸🇬USDSGDUSD / SGD1.2800221:01:04 UTC0%of 0.00382 ADRLondon1.27947 – 1.28086Awaiting fresh dataM15 · Range-bound
1.27947 – 1.28086
Daily range / ADR20
20-day average range0.00382
Today's range0.00001
Average range used0%
Low 1.28002High 1.28003
ADR20 averages the high-to-low range of 20 completed trading days. Above 100% means today's range already exceeds that average.
Previous session / London
Session change0.09%
1.279471.28086
Current priceInside
M15 support1.27981
M15 resistance1.28111
M15 outlook
Current trendRange-bound
Bearish reaction under watch
Suggested focusAwaiting fresh data
Prices and derived context refresh every 30 seconds while this page is open. Timestamps are UTC. An outlook is shown only while its calculation is valid.
BEHIND THE PRICE / MACROECONOMIC CONTEXT
The forces beyond the chart.
Rates, financial conditions, industrial demand and futures positioning add context to the live M15 assessment. Each series keeps its own publication date: daily, weekly and monthly evidence are not treated as live prices.
US real yield · 10Y
2.87%
+32 bp over 20 observations
Inflation-adjusted US government bond yields have risen.
Higher real yields increase the opportunity cost of holding non-yielding gold.
Observation 2026-10-08
Federal Reserve / FRED ↗
Federal Reserve / FRED ↗
US yield curve · 10Y − 2Y
0.44percentage points
+11 bp over 20 observations
Ten-year US bonds yield 44 basis points more than two-year bonds.
Read with real yields and risk appetite: the spread describes the rate environment, rather than providing a standalone gold direction.
Observation 2026-10-09
Federal Reserve / FRED ↗
Federal Reserve / FRED ↗
Financial conditions
-0.494index
+0.051 over four weeks
US borrowing, liquidity and financial-market conditions are easier than their historical average.
Recent conditions have tightened. The model weighs this alongside current risk appetite.
Observation 2026-10-02
Chicago Fed / FRED ↗
Chicago Fed / FRED ↗
Gold futures positioning
210,335net contracts
-8,297 from previous week
Non-commercial gold futures traders hold more long than opposite-side contracts.
Net buying has decreased. Positioning stands at the 51th percentile of the available history.
Observation 2026-10-06
CFTC ↗
CFTC ↗
From evidence to an outlook.
The instrument summary combines M15 trend, structure and momentum with the day's price range, the previous session and higher-timeframe context.
Macroeconomic evidence adjusts that picture. Open an instrument to see the actual evidence points and whether the macro component supports buying, selling or neither. A developing reversal is shown separately from an established trend.
Weighted evidence points are not a probability of profit.