Q1 2026 Technical Analysis Report

Nicholas Frappell, Global Head Institutional Markets, ABC Refinery

The ABC Refinery Technical Analysis Report for Q1 2026, prepared by Global Head of Institutional Markets Nicholas Frappell, examines the forces shaping the gold market through a primarily technical lens.

In this quarter’s report, Nicholas analyses key chart levels and price dynamics across gold, the US Dollar Index and the Australian dollar, while considering the role of geopolitical tensions and broader macro conditions in shaping market sentiment.

For a wider discussion on gold and the macro environment, we also recommend subscribing to The Pod of Gold podcast with Shae Russell, which continues to explore the themes influencing precious metals markets globally.