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Structure, fundamentals, and safe-haven demand still back the upside. Meanwhile, retail traders are fighting the trend, piling into shorts as bulls keep control.

Let’s talk about something uncomfortable. Retail traders are getting wrecked right now and gold is the perfect example.

For today’s Forex Pair Breakdown: Gold is holding under $3,700 ahead of the Fed, but the structure still screams buy-the-dip. Here's what you need to know.

Over 80% of global FX volume runs through just seven pairs. Meanwhile, AUD/CAD is flashing a breakout as Aussie strength collides with Canadian weakness.