fwiw, i’m on board with this. not stretched on the oscillators yet, so there's runway to $3,838 without getting overbought. inventories are building against soft demand. low conviction though.

real talk, i’m tracking this one. the level i buy, the deadline i don't; $3,838 by the date is the actual bet here. a firmer dollar caps the move. i reserve the right to flip.

tbh, weather_nerd92 exactly my read — the risk is fundamental: falling real yields lower the opportunity cost of holding gold.

re weather_nerd92: this is hopium, the curve slipped toward contango — that caps the upside.

shill_54 hard disagree . honestly give it room and this is a different call; pinned to the date it's a coin flip on timing.

Not gonna lie, Not buying it bagholder_1729 . and the curve's the tell — contango caps the upside, that backs this more than the chart does 🔥

re raccoon_62: tell me you’re early without telling me, gold's been grinding the right way, and 5.1% from $3,838 is closeable on a continuation.

i’d fade this honestly. fundamentally it works: a firmer dollar caps the move — that's the real path to $3,838. safe-haven demand is building on the macro backdrop. but i’m not married to it 📉

bagholder_1729 this is the one . and falling real yields lower the opportunity cost of holding gold.