Here is what Matters
You must be tired of reading analysis about 15 war scenarios and 7 different explanations of why gold fell with stocks despite surging geopolitical risks. But here is what really matters: Last Monday, minutes after gold hit the $4090 low, I sent the below messages to our WhatsApp Bdcst Group, clearly stating the following: 1. Gold has seen the bottom and will not fall below $4090. 2. Equity indices like the Nasdaq100 will not rebound with gold, but will continue to fall into the rest of the week until reaching a low on Friday or Sunday night. And so, just when everyone was used to the idea of gold dropping with stocks, I sent an alert to our members on Tuesday/Wednesday that the correlation will weaken, leading to gold rebounding and indices trailing behind ...until..this week. This is what really matters. The bottom image contains a message from a member thanking me for rescuing his account when he asked me whether to close his gold Long at a loss near $4370. As gold dropped to $4350, I told him to keep the Long position. He listened, held and later closed his long at $4520, making $1500 in profit. This is how we link analysis to trading and positioning.
Here is my latest video on how to use the Gold/Silver ratio. And yes, I have decided to joim TikTok.
Read More...After getting rid of all gold shorts yesterday and added to existing gold longs, here are the parameters for corrective gold shorts, shared with the WhatsApp Bdcst Group--with anticipated support near 4470. This means, any shorting below 4500 is not appropriate.






