I'll focus on selling... selling every pullback until it fails!
- #87,364
- Aug 8, 2025 6:35am Aug 8, 2025 6:35am
- Joined Apr 2025 | Status: Trader | 1,191 Posts | Online Now
Latest gold open interest and volume showing anomaly still struggling to stay top with ptz.please share your view too .thanks {image} {image} {image}
GDP =[C+ I + G + X - M]
Large import drawdown causing large swing up in GDP
however, look at this shit
They release positive import.
With tariff inflation to kick in, coupled with weak C (consumer spending- major weigh in GDP calculation), give us a situation of stagflation.
Weak NFP also support this idea.
Tho Unemployment rate (4.2%) stay within range, it is a lagged indicator. NFP gives much more accurate and up-to-date employment data (month over month)
The only thing still holding strong, is private employment, came in close to its forecast 83k (86k expected)
So based on the probability, odd of success came in for a sell off.
Today with Trump slap tariff on Gold bullion 100g and 1kg, it makes it more difficult for demand.
So Demand may pullback and goes to other safe haven flows.
Long end US treasuries??
$TLT D1
TLT still have price to continue the down. Yield to goes UP.
Could GOLD Bar + Premium + tariffs outpace and be a good investment vehicles or buffer drawdowns??
With recent treasuries auction on Tuesday and wed
Bid-to-cover ratio lower than last month
Based on this, the best investment to buffer upcoming drawdowns is GC.
Buying futures contract leave you with 2 options:
1. Rollover the contract
2. Take Gold deliveries.
Rollover over contract is the new paradigm shift for upcoming quaters.
That is to say, GC will fly while GOld (XAU) will lagged behind.
No more engagement as from today.
