DRIVE

The Drive Group Terminal — Live Macro and Gold Desk

LDN 14:20:29NY 09:20:29TKY 22:20:29UTC 13:20:29ONLINE
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MKT

Watchlist

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InstrumentLastChg%Range30d
MAC

Macro / rates monitor

FRED
UST 2Y%
UST 10Y%
10Y REAL (TIPS)%
10Y BREAKEVEN%
FED TARGET (UPPER)%
USD BROAD INDEX
Regime read
Core PCE YoY
3.41%
14-month high, re-accelerating
Headline CPI YoY
3.46%
Above target, sticky services
Fed target (upper)
3.75%
Below 2Y — market pricing a hike
Gold vs Jan-26 peak
-24.5%
Peak 5,318 → drawdown regime
Real 10Y since Jan
+47bp
Primary drag on bullion
Hike prob (2Y-implied)
~60%
2Y 4.31% vs 3.75% target
Gold sensitivities
2Y UST yield-0.023% gold per +1bp0.41
10Y TIPS real yield-0.031% gold per +1bp0.58
DXY-0.62% gold per +1% DXY0.47
10Y breakeven0.048% gold per +1bp0.22
CRY

Crypto board

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AssetPrice24h24h vol
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TV

Live news TV

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BLOOMBERG · direct live feed (muted by default)OPEN ↗
CHT

GC=F — price action

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KEY LEVELSSUP 3986 / 3900 / 3855RES 4115 / 4147 / 4300
Scenario deskAUTO · REGIME
RGM

Regime scorecard — gold

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AWAITING DATAcomposite −1…+1

DriverReadingWtScore
10Y real yield — level
Gold's discount rate. Above ~2.2% is a structural headwind.
2
10Y real yield — 1m change
Direction matters more than level over a swing horizon.
2
UST 2Y — 1m change
Front end prices the cut/hike path.
1.5
10Y breakeven — 1m change
Rising inflation expectations are a gold tailwind.
1
Dollar index — 1m change
Beta of roughly −0.6% gold per +1% USD.
1.5
Net liquidity — 1m change
SOMA − TGA − RRP. Expanding liquidity supports hard assets.
1.5
Credit appetite (HY/IG) — 1m
Widening spreads push safe-haven bids into bullion.
0.75
VIX level
Stress bid — but extreme spikes force liquidation selling.
0.75
Spec positioning percentile
Contrarian: crowded longs cap upside, washed-out longs fuel squeezes.
1
Weighted composite of the drivers with the highest historical explanatory power for bullion. Recomputes every 15 minutes off the live rates, liquidity and positioning tape.
LIQ

Liquidity & flows monitor

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Net liquidity (SOMA − TGA − RRP)

Rising net liquidity historically supports gold, equities and crypto; draining liquidity tightens funding, widens credit spreads and pressures risk assets first.

SeriesLevel1m3m
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Green = flow adds liquidity to markets · red = flow removes it. TGA and RRP drain cash from the banking system when they rise; the SOMA portfolio adds it. Sources: NY Fed markets API, US Treasury daily statement, Yahoo.
GLOBE

World monitor

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TV

TradingView — public gold analysis

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No public gold ideas in the current TradingView feed — refreshes every 15 minutes.
    AI

    TDG AI Bot — macro analyst

    LIVE DATA

    Ask anything about positioning, the macro regime, or a specific trade. TDG AI Bot reads live gold, DXY, yields, breakevens and the 169-event FOMC study before answering, and it remembers the thread so you can drill in.

    Gold / FOMC
    Regime
    Learn
    Liquidity / flows
    Stocks outlook
    Crypto
    FX / energy
    Plan my trade
    >
    NEWS

    Global news wall

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    SOCIAL

    Tracked voices

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    CAL

    Economic calendar

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    Times shown in your local timezone · forecast / previous on the right.