본 리포트 제공 MacroTerms.com

데이터 기준일: 2026-10-23 · 결제 기준: 거래소 최종 일일 결제가

Gold (GC=F) Deep Dive | Bearish Breakdown Below 20-Day Support | 2026-10-26

Gold (GC=F) Daily Close: 4007.9 [2026-10-23]; the close broke below the prior 20-day low of 4036.8, confirming a technical breakdown after a series of lower closes. Reason 1: Price action has breached the 20-day support zone of 4036.8–4010.03 (S1 pivot), with the Asia snapshot at 07:00 showing 4015.05 (+0.18% vs settle) testing the low. Reason 2: The 20-day channel top is 4315.6 and bottom is 3989.1; price is now near the channel low, and a close below 4036.8 shifts the near-term structure to lower highs/lows. Reason 3: Implied volatility (GVZ 24.34, 1Y percentile 34%) is above realized (RV20 19.2%), indicating options pricing reflects event risk premium as prices decline, a typical bearish signal. Invalidation: A daily close above 4036.8 would negate the breakdown and restore the 20-day channel midpoint near 4173.
2.