Check out my new detailed report— Is Gold Following Its 2007-2008 Bullish Trajectory? (I'll post the link in the comment below) $GLD $PHYS

Gold similarities between 2007 and 2024 ...

Since 2022, gold has remained in an uptrend despite a significant rise in Dixie and the 10yr-yield. This has been especially true since last October...

Increase in the spread between #gold futures and spot gold can be influenced by regulatory changes like Basel III and its NSFR rule. This might force changes in how bullion banks operate, potentially increasing the cost of such participation, which could lead to a larger spread.

Managed Money (blue) seems to have a stronger direct correlation with Gold Fut. in terms of influencing the trends over shorter periods. Since 2020, the Swap (green) has consistently fallen below 200k and appears to have less impact on the #gold price. Did they lost control ?

As impressive as the rally in gold is, the market value of US official gold is only back to 9% of foreign-held USTs. We'd have to get to 20% ($6,300) just to get back to 1989 levels (when US' unipolar moment began), & 40% ($12,600) just to get back to the LT avg. Let's watch.

As spectacular as this rise may seem, it still doesn't even compare with 2007-08... #gold

Gold still has a long way to go. Comparing the current trend with 2000-2011:The earlier run was far more explosive, doubling in just the last three years. The current trend is more gradual, with gains spread across the period. Expecting the same when the stuff hits the fan ...

What will be the price of gold in early 2030 ?

Short term count for gold from 2022. Nice bounce just above the 23.6% Fib. corresponding to a possible Intermediate wave 4. Expecting a consolidation between 3K-3.4K for the next few months with still a possible dip below 3K (but no guarantee).

Back in May, I was expecting some a sideways correction like a triangle or complex. It played out as expected. Now gold needs to break the value area at 3390 and next En Route for another ath ... x.com/TraderGab/stat…

Since April 2025, gold has been trading within Interm. wave 4 of Primary wave 5, Cycle wave V, forming what appears to be an ascending triangle. A breakout above $3,400 would signal the start of Interm. Wave 5, potentially targeting $3,500 or higher, based on Fib. extensions.

Recent COT report shows that the Swaps (BBs) reduced their net short positions by 13,355 cont. bringing the total to 209,960. This reduction could indicate a potential squeeze in the coming weeks. With the Fed's policy change, it may be time for banks to cover some shorts #gold

Gold rises during a steepening yield curve due to its role as a safe-haven asset amid economic uncertainty, lower opportunity costs from falling short-term yields, and its appeal as an inflation hedge when long-term yields reflect fiscal or inflation concerns. #gold #yieldcurve

What has #gold been sniffing out since 2022 ?

Possible road map for #gold Minimum target for Cycle Wave III. The most likely range is $3746–$5415, with $7084–$8115 possible under extended bullish conditions. Monitor for a peak with bearish signals to anticipate Cycle Wave IV

Costco Canada seeing heavy retail demand for gold/silver: "... each Quebec Costco is draining ~3725oz per week ..."