Gold: RSI, real-yield correlation and 52-week range

On 2026-07-19, Gold closed at 4031.3 USD/oz, up 0.46% on the day. It trades at 33.0% of its 52-week range. Its RSI(14) of 41.36 is in the 17th percentile of its history since 2000, and its 20-day return of -3.60% in the 15th percentile. Its 20/50/200-day moving averages are 4068.06 / 4294.3 / 4455.91 USD/oz, with price -0.90% / -6.12% / -9.53% against them. Its 52-week range is 3263.9–5586.2 USD/oz; it closed 27.83% below the high and 23.51% above the low. Its 20-day volatility is 1.339% daily, in the 78th percentile of its history since 2000. Its 14-day average true range (ATR) is 77.78 USD/oz, 1.93% of price. It has returned +0.86% over 5 days and -14.32% over 60 days.

=== GOLD  (USD/oz) ===
  price & change   (as of 2026-07-19, prior 2026-07-17)
    close       4031.30
    change      +18.60  (+0.464%)
  range            (as of 2026-07-19)
    range       47.70
    close pos   93.9% of range
  moving averages  (as of 2026-07-19)
     20d MA     4068.06   price below by -0.90%
     50d MA     4294.30   price below by -6.12%
    200d MA     4455.91   price below by -9.53%
    price < all MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-07-19)
    20d stdev   1.339% daily ≈ 21.2% annualized (×√252)   (78th pct of own history, since 2000 (5662 obs))
    vs easing-2024 avg  0.95× (1.339% vs 1.409% era avg)
  ATR              (as of 2026-07-19)
    ATR(14)    77.78
    ATR%        1.93%   (89th pct of own history, since 2000 (5668 obs))
    range/ATR   61.3%
  52-week range    (as of 2026-07-19)
    high        5586.20   (-27.83% from high)
    low         3263.90   (+23.51% from low)
  momentum         (as of 2026-07-19)
    RSI(14)     41.36   (17th pct of own history, since 2000 (5668 obs))
  returns          (as of 2026-07-19)
     5d return  +0.86%
    20d return  -3.60%
    60d return  -14.32%
  volatility by rate-era
    pre-crisis       1.3878%   (from 2000-08-31)
    ZIRP-2009        1.1796%
    tightening-2015  0.8388%
    ZIRP-2019        1.0750%
    tightening-2022  0.9428%
    easing-2024      1.4093%
  real-yield sensitivity (gold weekly returns vs weekly Δ in 10Y TIPS real yield, DFII10)  (as of 2026-07-16)
    vs real yield (Δ) -0.50 (26w)
    vs real yield (Δ) -0.48 (52w)