Daily Gold Market Update - 22 October 2026
Daily Gold Market Update - 22 October 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4136.3
Downside score: 30/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4182.12 |
| 50-day average | 4357.98 |
| RSI (14) | 39.7 |
| MACD / signal | -52.048 / -55.857 |
| Five-day change | 0.69% |
Estimated Indian Gold Rates
24K: ₹146,070 per 10g
22K: ₹133,890 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 16 Oct | ₹147,440 | ₹135,150 |
| 17 Oct | ₹147,660 | ₹135,350 |
| 18 Oct | ₹147,660 | ₹135,350 |
| 19 Oct | ₹148,040 | ₹135,700 |
| 20 Oct | ₹146,080 | ₹133,900 |
| 21 Oct | ₹146,080 | ₹133,900 |
| 22 Oct | ₹146,070 | ₹133,890 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Mild bullish bias
24K range: ₹144,048 - ₹148,092 per 10g; central scenario ₹147,014
22K range: ₹132,036 - ₹135,744 per 10g; central scenario ₹134,755
- MACD remains above its signal
- US dollar is easing
- US 10-year yield is easing
- global news retains safe-haven themes
- Fed and inflation headlines pressure gold
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 101.648 | -0.88% |
| US 10Y Yield | 5.146 | -0.85% |
| VIX | 16.68 | -1.13% |
| S&P 500 | 7757.17 | 0.5% |
| USD/INR | 94.45 | -0.74% |
| Crude | 98.36 | 3.44% |
Signal Factors
- price below 20-day average
- 20-day average below 50-day average
- RSI below 45
- news includes gold-bearish macro themes
- news includes safe-haven support themes
Relevant News Themes
- Gold Drops on Inflation Concerns - TradingView
- Gold falls near $4,115 as Saudi attacks fuel inflation, Fed outlook in focus - Investing.com
Hyderabad rates are sourced from Goodreturns and are indicative city retail rates before GST, jeweller premium, making charges, and local taxes. USA, China, Russia, war, tariffs, Trump-related policy, and other geopolitical events are classified as news context only; they do not independently create an alert. The forecast is a scenario range, not a guarantee. This is educational market research, not investment advice.
Comments
Post a Comment