Tui Jude
03-31

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@Barcode$Gold - main 2506(GCmain)$ 🚨‼️🚨$iShares Gold Trust(IAU)$ $Fortuna Silver Mines(FSM)$ $VanEck Gold Miners ETF(GDX)$ 🤖🚨💥 Gold Rush or Economic Red Flag? 💥🚨🤖 Hey, have you heard the latest? Gold prices just blasted past USD $3,150 per ounce, yep, you read that right, a record high for the first time in history! It’s like gold’s on some kind of unstoppable bullish tear, and honestly, I can’t peel my eyes off the charts. There’s a risk selloff unfolding across markets, and it’s pushing this precious metal to heights we’ve never seen before. So, grab a coffee ☕️ , let’s unpack this, because it’s equal parts fascinating and a little unnerving! ⚡ Why Is This Happening? The big driver here is safe haven demand. When the financial world starts feeling like a rollercoaster with a few too many loose bolts, investors don’t muck around, they run straight for gold. Think of it as the last lifeboat on the Titanic. It’s not fancy, it doesn’t pay dividends, but it’s reliable when everything else is sinking. Right now, with stocks and other risky assets getting dumped in this ongoing selloff, gold is soaking up all that nervous energy. Uncertainty, whether it’s inflation spiking, geopolitical tensions flaring, or just a gut feeling that the economy’s about to hit a speed bump, is sending folks scrambling for something solid. And gold? It’s the OG of solid. 📊 The Technicals Are Screaming “Up!” Let’s geek out for a sec, because the charts are screaming. Gold’s been building bullish momentum for a while, think of it like a freight train picking up speed. • Higher highs • Higher lows • Moving averages aligned like planets in a cosmic bull run That USD $3,150 breakout isn’t just symbolic, it’s a psychological barrier shattered, and that kind of move often opens the gates to more upside. Sure, RSI might be flirting with overbought territory, hinting at a possible breather soon, but the trend? It’s undeniably strong. Safe haven flows are acting like rocket fuel, and the risk-off tone across markets is keeping the pedal to the metal. 🎯 So, What’s the Play? Alright, let’s bring it home, what does this mean for you and me? If you’ve got gold in your portfolio, you’re probably smirking into your coffee watching those unrealised gains stack up. But if you’re on the sidelines, you might be thinking, “Have I missed the boat?” Fair question. Gold’s a stellar hedge, when inflation’s eating your cash or equities are throwing tantrums, it’s a steady hand on the wheel. But gold isn’t perfect. It doesn’t pay interest or dividends, and if the economy suddenly calms down, investors might jump ship for something with more juice. But here’s a twist… If you’re looking for a more lively ride than just holding bullion, mining stocks like Fortuna Silver Mines (FSM) could be your golden ticket. FSM mines both gold and silver, giving you double exposure to this precious metals rally. 📈 FSM Technical Snapshot (as at 31Mar25, 🇳🇿NZ Time) • Price: USD $6.12 • Resistance: USD $6.60 • Support: USD $6.09 • High/Low Range: $6.42 / $6.08 • Above all key moving averages: • VMA1: $6.18 • VMA2: $6.23 • VMA3: $6.15 • VMA4: $5.99 • VMA5: $5.39 Chart shows a healthy uptrend since 23Mar, with support building off $5.67. A breakout over $6.60 could spark the next leg higher. 📊 Fundamentals to Watch • Forward PE: 8.81 • Forward EPS: 0.695 • Historical Percentile: 44.44% • Cash capability: Strong • Profitability: Improving • Short interest: 3.44M • Short ratio: 7.06% • Daily short vol: 1.18M • Open short interest: 18.32M • Days to cover: 1.00 High short interest could act as a squeeze catalyst if momentum builds! 🧐 The Bigger Picture Here’s where it gets really interesting, though. This gold surge isn’t just about shiny metal, it’s a signal. When people start hoarding gold like this, it’s often because they’re bracing for something rough. Are we talking a full-blown recession, a market correction, or just a collective “better safe than sorry” vibe? I don’t have a crystal ball, but when safe haven demand spikes this hard, it’s like a canary in the coal mine. Gold’s shining bright, no doubt, but it might be casting a shadow over the broader economy. ☕ Your Move So, where do you stand? Are you jumping on the gold train, riding this wave of 🅱🆄🅻🅻🅸🆂🅷 momentum? Maybe you’re eyeing a miner like FSM to amplify the upside, and the risk? Or are you holding back, waiting to see if this is a peak before a pullback? For me, I’m torn between the FOMO of a historic breakout and the classic reminder that trees don’t grow to the sky. Either way, gold’s got my attention, and it’s not letting go anytime soon! 📢 Please Like, Repost, and Follow me for sharp setups, stock trends, and actionable insights 🚀📈 I’m all about spotting the next movers and sharing strategies that deliver results! Let’s trade smarter and grow together! 🍀🍀🍀 Happy trading ahead! Cheers, BC 📈🚀🍀🍀🍀 @TigerWire @TigerPicks @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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