SMC TERMINAL
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Technical Analysis

Gold and the majors, read the way the terminal reads them: the nearest supply and demand, the structure, any volume-spread sign, the invalidation and the targets — dated, so you can check them against what happened.

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Technical Analysis
Oct 24, 2026 12 min read

AUD/USD Forecast, 24 October 2026: Break of Structure at 0.7000, Speculators at a Record Short — Buy or Sell Next Week?

AUD/USD forecast for the week of 27 October 2026: the pair closed at 0.7038 after five up days that swept the 0.6895 double bottom and broke the daily structure above 0.7015. It now sits at short-term resistance at 0.7035–0.7045 with the daily supply zone at 0.7100–0.7140 above and daily demand at 0.6850–0.6900 below. SMC Terminal's reads: large speculators net short a three-year record 127,292 contracts (COT index 0) with commercials at their most long (index 99), valuation fair at 0.7000, seasonality neutral, the US 2-year yield down 22 basis points in a month. The squeeze case, the levels, and whether to buy or sell, below.

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Oct 24 12 min read

Gold Analysis Today, 24 October 2026: XAU/USD Breaks $4,090 and Tests Daily Demand at $3,940 — Forecast for Monday and Next Week

Gold analysis for today, Saturday 24 October 2026: XAU/USD closed the week at $3,994 after a 4.1% fall that broke the October double bottom at $4,091–4,095 on the month's highest volume. Price now sits on the daily demand zone at $3,900–3,940 that held in July, inside a daily downtrend of lower highs from $4,755. The terminal's reads: speculators still net long and trimming (COT index 37), seasonality in its topping phase with a bearish week ahead, valuation only slightly above its real-yield and dollar fair value, and real yields falling. The plan for Monday and the week, including the FOMC on Wednesday, is below.

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Oct 16 7 min read

XAU/USD Technical Analysis, 16 October 2026: Gold Caught in a Range — Supply at $4,200, Demand at $4,150

Gold price analysis for today, 16 October 2026: on the H1 chart XAU/USD is in the premium half of a three-week range between $4,068 and $4,220, pressing into supply at $4,195–4,220 under a line of descending highs. The marked chart, the nearest supply and demand zones, the VSA signs, the invalidation level and the day's targets.

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Technical Analysis — SMC Terminal