Gold's breakout to $3,400+ isnt just a technical surge — it's a reflection of structural macro shifts:

• Persistent real yield suppression despite “higher for longer” talk

• Central bank diversification (especially China and EMs buying gold, not dollars)

• Rising de-dollarisation sentiment amidst geopolitical fragmentation

📊 My current positioning:

Core long in gold via ETF (GLD) and futures from $2,420

Rotated ~25% gains into high-beta silver miners: $Pan American Silver(PAAS)$  , $First Majestic Silver(AG)$  , and $Amplify Junior Silver Miners ETF(SILJ)$   ETF

Watching for a healthy pullback to $3,350–3,370 to reload

📈 Predictions:

Gold: I expect a consolidation phase before resuming uptrend toward $3,700 by late Q4, driven by global risk aversion and possibly dovish central bank shifts post-US elections.

Silver: Structurally lagging, but if gold stays firm, silver could rally 20–25% in the second half. My upside range for silver is $35–38 — especially if we see renewed industrial demand headlines.

💡 Strategy Notes:

Gold = capital preservation / macro hedge

Silver = cyclical catch-up / momentum trade

Miners = leveraged plays, but beware cost inflation and FX exposure

If gold breaks $3,500 without correction, I:ll trail stops tighter. If silver breaks $32 on volume, I'll increase exposure to miners.