Free tools · Macro

ICC Market Mood Gauge

One number for how stretched gold, the dollar and Bitcoin are: 0 is fear and crowded selling, 100 is greed and crowded buying.

Education only — computed from a broker MT5 demo feed; not investment advice. We publish statistics worked out from the feed, not its candles.

Runs in your browser; nothing you type is sent anywhere. For learning and planning only, not financial advice. Check your broker's contract specification before trading.

How the score is built

Two parts, each from 0 to 100, averaged. Positioning: where large speculators' net futures position sits in its three-year range (CFTC Commitments of Traders, weekly). Momentum: where the last 20 days' price change ranks against the past year. For the dollar we read the currency futures and dollar pairs the other way round.

Example: speculators at 90 % of their range in gold and a momentum rank of 60 give 75: greed. That does not tell you the top; crowded markets can stay crowded. "Fear and greed" here describes our own score; it is not CNN's Fear & Greed Index or any crypto index.

Questions

Is a greed reading a reason to sell?

No. It shows crowding, not timing. Use it to question a trade in the crowded direction, together with your levels and stop.

How often does it update?

Momentum every hour; positioning once a week, after the CFTC report on Friday.

Is this the CNN Fear and Greed Index?

No. It is ICC Charts' own gauge for gold, the dollar and Bitcoin, with its own method.

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