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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.32-1.8%Nov 4 4:00 PM EST

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Recommended by:
marcher
To: bull_dozer who wrote (210740)1/30/2025 6:45:19 PM
From: TobagoJack1 Recommendation   of 217542
 
>> THE F*CKING F*CKS

... something about uncertainty, vacuum, and such, from behind the wall

zerohedge.com

Gold - Vacuum Above $2790

BY THE MARKET EAR

FRIDAY, JAN 31, 2025 - 7:28

Pushing it

Gold is pushing new recent highs. There is only vacuum above the $2790 resistance area...



Source: Refinitiv

Goldilong

The gold net non commercial long is getting longer, but we are still below "exuberant" levels.



Source: Refinitiv

Hungry for gold

Central bank gold accumulation began to pick up in September, driven in part by the resumption of PBoC buying.



Source: BNP

Printing ATHs

Gold in other majors has been printing new all time highs recently...Just waiting for the dollar edition to break out to the upside.



Source: BNP

Afraid of heights?

Gold is flirting with ATHs basically. The shiny metal has squeezed higher over the past weeks, but gold volatility has remained muted. This offers very attractive options plays (we continue to like call spreads). Play a possible break out via options instead of chasing the underlying here, especially for the ones afraid of heights....



Source: Refinitiv
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