great article BC 🙂 I love GLD, it has been a good refuge.
the 300 hundred resistance is there... holding like those Spartans 🤪
premarket will be important to set a strategy, let's keep an eye 👀🙂
@Barcode：$SPDR Gold Shares(GLD)$ 🚨⚡ $GLD Erupts: Sub $240 to $298 in a Surgical Breakout as Bonds Implode and Bulls Dominate ⚡🚨 $GLD has ignited, rocketing from sub $240 to $297.76 (12Apr25, NZDT 🇳🇿) in a relentless display of momentum. This isn’t noise, it’s a calculated institutional pivot, with gold seizing the spotlight as markets reprice risk. 🫡 Salute to the longs who weathered the chop, this rally is all signal, zero clutter. FactSet logs $1.4B in ETF inflows this week, the fiercest demand since 2020’s liquidity scare. Bespoke marks this as the most explosive three day surge since March 2020, not a fear driven flinch, but a strategic recalibration. 📊 Technical Dissection 🟢 Price: $297.76 (+1.85%), coiling beneath the $300 psychological barrier 🟡 Session High: $299.28, grazing key resistance 🔵 MACD: DIF 12.87 vs. DEA 10.32, bullish gap widening, locking in trend strength 🟣 ARBR(26): BR 175.06 > AR 164.85, screaming upside conviction 🟠 Volume: 19.34M, dwarfing the 10 day average, big money’s in the driver’s seat 🟤 VMAs: Bullish alignment (VMA1–VMA5), stacked and rising, cementing trend continuation ⚪ RSI: 68.7, fuel in the tank, not yet overbought 🔴 Options OI: GLD $300 calls swelling (+42% OI week on week), signalling bets on a breakout This chart is a trader’s jackpot, surging volume, aligned signals, and a $300 pivot begging to snap. Clear it, and $320+ is in play. Hesitate, and shorts might test $290 support. 🧠 Macro Edge Bonds are bleeding, TLT down 7.3%, 10Y yields at 4.5%, torching traditional anchors. The dollar’s slide (DXY -2.2%) and equity wobble only amplify gold’s pull. Unlike past spikes tied to panic, this smells like foresight, portfolio managers aren’t hiding, they’re positioning. COT data shows commercials slashing shorts, while speculative longs pile in. But here’s the kicker, what if the Fed blinks? A dovish pivot could cap yields, denting gold’s run. Yet with GLD futures rolling over at a premium, the tape says bulls aren’t sweating it, yet. 📣 Tiger Traders, $GLD’s flirting with $300. Is this a melt up to $330, or a trap for late longs if yields stabilise? Drop your play, I’m hunting the next edge. 💡 Stay Locked In: Like, repost, follow for real time setups and market scalpels. I’m wired to unearth alpha, options flows, futures quirks, or macro twists, sharing the edge to outmanoeuvre the herd. Let’s stack gains and own this market. Trade precise, trade fierce. To the moon! 🚀📈Cheers, BC @TigerPicks @Tiger_comments @TigerStars @TigerWire @koolgal 🫡 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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