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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (211130)2/8/2025 8:58:23 PM
From: TobagoJack2 Recommendations

Recommended By
gg cox
marcher

  Respond to of 218105
 
for personal safety, a guess



To: bull_dozer who wrote (211130)2/10/2025 8:16:41 AM
From: TobagoJack  Respond to of 218105
 
>> THE F*CKING F*CKS...

From behind paywall, gold rises, but as far as I can sense, not much fanfare, a puzzle
In the meantime gold is still dirt
What a strange idea, that the Trump should put a tariff on gold import
zerohedge.com

Gold Bros Winning: $3k Surge Incoming

BY THE MARKET EAR

MONDAY, FEB 10, 2025 - 20:30

Gold - on the road to 3k

Unstoppable gold continues surging today again. As we have been pointing out recently: gold is overbought, but there is room for it to move even higher before we reach the upper part of the channel (comes in around $3k).



Source: Refinitiv

When in doubt - use options

We have been pointing out the call spreads logic in gold for some time. Part of the reasoning is the "upside skew" feature of gold. The other part of the logic is that people often tend to miss aggressive moves higher as they think "this has already gone too much". Playing these kind of setups via options is often attractive as you know the max money lay out, and do not need to be "afraid of heights". For the ones that played the call spreads logic, make sure to roll into higher strikes dynamically.



Source: Refinitiv

The golden tariff risk

COMEX gold inventories spiking as the crowd is "front running" the risk of tariffs on physical gold imports by moving it from London to the USA.



Source: Topdown charts

The longer term view

The central bank bid in gold is big...but could get much bigger.



Source: Topdown charts

Mine it

Gold vs GDX gap trading with a very wide spread. Nothing new, but imagine GDX starts to play a proper catch up trade?



Source: Refinitiv

Valuation

Relative gold bargain in miners...



Source: Topdown charts

Unloved

Long gold miners is definitely not a popular trade...



Source: Topdown charts