Still holding my long position.

Gold with No Drama

Lol. I barely managed to close my trade position at the right time before the big fall.

Gold with No Drama

I went with the same setup!

Gold with No Drama

Market is completely disrespecting today’s data. Weak unemployment claims, soft JOLTS, and fading US 10Y yields are fundamentally bullish for gold. Price action says positioning and flows > macro reality for now. This divergence rarely lasts.

Gold with No Drama

Falling US yields support gold because the opportunity cost of holding gold drops. This increases the odds of a bullish gold move today, especially if the USD doesn’t strengthen.

Gold with No Drama

Gold fell by 7–9%, marking one of the largest single-period declines in years and catching markets off guard. Such moves typically do not extend further in a single day, as volatility tends to compress after a shock drop. Going Long @4980, What are ...

Gold with No Drama

A partial government shutdown is imminent at midnight on Friday, January 30, as Senate Democrats block funding to demand ICE and DHS reforms following a fatal shooting in Minneapolis. While a morning test vote failed, negotiators are racing to pass ...

Gold with No Drama