Gold – Still One of Wall Street’s Highest Conviction Trades
Almost every major Wall Street bank currently lists long Gold as one of their strongest conviction calls – and the reasoning makes sense. There are three fundamental drivers that continue to support the bullish case:
I. Persistent U.S. Inflation → Gold remains in strong demand as a hedge.
II. Potential Fed Rate Cuts → Likely USD weakness could further lift Gold due to its negative correlation.
III. Reserve Diversification → A gradual shift towards Gold as a USD alternative in global central bank and hedge fund portfolios.
I’m not typically a trend trader, nor do I trade Gold frequently (my focus is mean reversion in FX), but I do find these arguments compelling.
From a tactical perspective, I wouldn’t chase the current highs. Price recently broke out of a triangle formation, and the Williams %R is at levels that historically preceded pullbacks. If I had to establish exposure, I’d prefer to wait for a retracement into the 38.2%–61.8% Fibonacci zone, scaling in gradually with multiple small longs.
To be clear – I don’t see an attractive short setup here. But patience may offer better risk–reward on the long side.
What’s your view? Do you agree with the fundamental case, or do you see a different setup?
Stay safe & happy trading,
Meikel
Almost every major Wall Street bank currently lists long Gold as one of their strongest conviction calls – and the reasoning makes sense. There are three fundamental drivers that continue to support the bullish case:
I. Persistent U.S. Inflation → Gold remains in strong demand as a hedge.
II. Potential Fed Rate Cuts → Likely USD weakness could further lift Gold due to its negative correlation.
III. Reserve Diversification → A gradual shift towards Gold as a USD alternative in global central bank and hedge fund portfolios.
I’m not typically a trend trader, nor do I trade Gold frequently (my focus is mean reversion in FX), but I do find these arguments compelling.
From a tactical perspective, I wouldn’t chase the current highs. Price recently broke out of a triangle formation, and the Williams %R is at levels that historically preceded pullbacks. If I had to establish exposure, I’d prefer to wait for a retracement into the 38.2%–61.8% Fibonacci zone, scaling in gradually with multiple small longs.
To be clear – I don’t see an attractive short setup here. But patience may offer better risk–reward on the long side.
What’s your view? Do you agree with the fundamental case, or do you see a different setup?
Stay safe & happy trading,
Meikel
🔔 Wall Street Insider Gruppe:
t.me/therealwallstreetinsider
Profitables Copy Trading & Wall Street Coachings: wsi-capital.com/de/vipaccess/
Meine 20+ Jahre Tradingerfahrung in New York gebe ich nun an Dich weiter.
t.me/therealwallstreetinsider
Profitables Copy Trading & Wall Street Coachings: wsi-capital.com/de/vipaccess/
Meine 20+ Jahre Tradingerfahrung in New York gebe ich nun an Dich weiter.
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🔔 Wall Street Insider Gruppe:
t.me/therealwallstreetinsider
Profitables Copy Trading & Wall Street Coachings: wsi-capital.com/de/vipaccess/
Meine 20+ Jahre Tradingerfahrung in New York gebe ich nun an Dich weiter.
t.me/therealwallstreetinsider
Profitables Copy Trading & Wall Street Coachings: wsi-capital.com/de/vipaccess/
Meine 20+ Jahre Tradingerfahrung in New York gebe ich nun an Dich weiter.
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。