FinancialJuice: The Trump Administration is going to allow the sale of some Venezuelan gold in the US - Federal Register. 11:59 Mar 06 Metal Now, why would US gov announce this at noon on a Friday? Maybe managing gold price going into the weekend? ...

Gold with No Drama

FYI, CME gold futures Feb 2026 contract: last trade date 25 Feb first notice date 26 Feb EDIT: If someone knows that a large futures position is standing for delivery, it could be a problem for physical availability. I haven't seen signs of stress ...

Gold with No Drama

Update from CME site. Metals trading will 'pre-open' at 13:31 Central Time (24 minutes from now) and 'open' at 13:45.

Gold with No Drama

My new hypothesis is someone was going to blow up and needed time to cover. Maybe there's furious OTC activity happening to try to unwind in an orderly way. Could be a violent re-open, if there is a forced liquidation of a position.

Gold with No Drama

So, what, someone at CME tripped on a power cable and unplugged the server? Forgive me, but I don't believe in accidents. This would be a great way to cool off volume ahead of futures and options settlement. What are the chances they announce an ...

Gold with No Drama

MM got price pinned +/- $1 for half an hour ahead of COMEX close at 13:30 ET. Wild manipulation.

Gold with No Drama

I think R:R opportunity says hold, but know your exit plan. Asymetric upside at the moment.

Gold with No Drama

If we look all the way back to Monday Feb 23, NY close into Asia open, price briefly tested 5250. I think this was an extremely dangerous level for some bullion banks (we can see COT report showing Commercials were positioned short). Also Shanghai ...

Gold with No Drama

That's some top-notch self-awareness right there. I often don't recognise it myself, until I do something unnecessarily dumb. So you are ahead of most. I recommend Brett Steenbarger's work for anyone wanting to balance trading and a meaningful ...

Gold with No Drama

Ok, sure, let's go back to 5164 again. Been bouncing off it all session. 20 point range. Chop trade no good.

Gold with No Drama

Yeah, but it feels like a program trade just buying everything at that 5164 level. If it gets above 5190 again, there's a lot of space to run and fill that big red candle down from Asia open.

Gold with No Drama

I have to say, 5164 is an important level for somebody in the Asia session today. High from yesterday's Euro session becomes floor for buying now. Large, patient buyer maybe.

Gold with No Drama

DXY dump / EUR strength just now is helping with upside impulse move. I agree, 4h bar is important here. Battle for 5190. Silver is strong, climbing out of the lows. Might drag gold with it today.

Gold with No Drama

I will say virtually 100%. Over what time frame are you interested?

Gold with No Drama

That's the right move. I opened GLD calls at close. OTM. Small size.

Gold with No Drama

Trump briefing shortly. They turned the lights down low. If he takes questions, they will ask about Iran. And he will feel pressure to escalate, based on his behaviour this week.

Gold with No Drama

Depending on Trump messaging, Feb 11th high 5119 comes into focus. Friday late session volatility could test it. Or dump back < 5000. We wait for PA.

Gold with No Drama

Sometimes macro > technicals We don't know what next week brings, but there is serious weekend risk of disruption (1. military activity 2. US gov announces back-up tariff plan). So trade into the close should reflect that, imo. Monday we re-assess.

Gold with No Drama

Curious, what's your trigger at that level? Break above NY morning high?

Gold with No Drama

Correlations are broken at the moment, yes. It's that NY Friday thing.

Gold with No Drama