seems to correlate with other charts I saw from a couple UK gold market experts

i love your fibannaci post! just started 1 week ago with no trade/investment knowledge but your posts fascinate me, I'm loving all the little inferences and connections I'd otherwise myself be scared to speculate into the world 😂

@Barcode
$SPDR Gold Shares(GLD)$ $Gold - main 2512(GCmain)$ $Silver - main 2509(SImain)$ 📊🪙 Gold–Silver Divergence Meets Market Rebound: What’s Next? 💹📈 I’m closely tracking the sharp dislocation between precious metals and equity markets as July closes out with fireworks. While silver has broken out decisively, equities are contending with macro shocks and volatility whiplash. 🪙 Silver Streaks Ahead, Gold Lags Slightly Since 2015, gold and silver have traded with a strong positive correlation. But from May to July 2025, silver has clearly taken the lead, surging 15.1 percent compared to gold’s modest 0.9 percent gain. This short-term divergence suggests speculative momentum is building around silver’s industrial demand and inflation hedge appeal. Gold’s slower ascent may reflect its role as a more defensive reserve asset, but the trend remains firmly upward with both now testing new highs. On the 4H chart, gold ($3,380.50) has just cleared a Keltner and Bollinger cluster, riding the upper bands with rising EMAs and narrowing volatility; typically a sign of trend continuation. MACD crossovers and RSI shifts support this bullish continuation unless it closes back below the 13EMA. 📉 From Trillion-Dollar Panic to Tech-Led Relief The U.S. stock market saw a $1.1 trillion evaporation on August 1 following weak job numbers and new tariff rhetoric. The sharp 1.7 percent drop was the steepest daily loss since Q1. But by August 4, a 1.6 percent recovery emerged, almost entirely retracing the selloff. Driving the rebound: renewed Fed rate cut expectations, mega-cap tech resilience, and a pullback in trade war fears. Yet I’m cautious. This recovery could be a relief bounce rather than a full risk-on regime. Volatility remains sticky, and gold’s strength may be signaling hedging flows into hard assets as real rates peak. 🧠 What I’m Watching • Gold resistance near $3,420 and $3,465 from upper channel extensions • Silver continuation above $38 could ignite a new leg targeting $42 • SPX sector rotations and breadth recovery to validate equity follow-through • Options flow in GLD and SLV ETFs for directional bias confirmation I’m positioning with a macro lens: watching for confirmation in yields, the dollar, and cyclical data. If silver’s breakout holds while gold consolidates, I may consider short-dated SLV call spreads as a risk-defined trade. 📢 Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets 🚀📈 I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! 🍀 Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀 @Tiger_comments @TigerWire @TigerStars @TigerPicks @TigerObserver
$SPDR Gold Shares(GLD)$ $Gold - main 2512(GCmain)$ $Silver - main 2509(SImain)$ 📊🪙 Gold–Silver Divergence Meets Market Rebound: What’s Next? 💹📈 I’m closely tracking the sharp dislocation between precious metals and equity markets as July closes out with fireworks. While silver has broken out decisively, equities are contending with macro shocks and volatility whiplash. 🪙 Silver Streaks Ahead, Gold Lags Slightly Since 2015, gold and silver have traded with a strong positive correlation. But from May to July 2025, silver has clearly taken the lead, surging 15.1 percent compared to gold’s modest 0.9 percent gain. This short-term divergence suggests speculative momentum is building around silver’s industrial demand and inflation hedge appeal. Gold’s slower ascent may reflect its role as a more defensive reserve asset, but the trend remains firmly upward with both now testing new highs. On the 4H chart, gold ($3,380.50) has just cleared a Keltner and Bollinger cluster, riding the upper bands with rising EMAs and narrowing volatility; typically a sign of trend continuation. MACD crossovers and RSI shifts support this bullish continuation unless it closes back below the 13EMA. 📉 From Trillion-Dollar Panic to Tech-Led Relief The U.S. stock market saw a $1.1 trillion evaporation on August 1 following weak job numbers and new tariff rhetoric. The sharp 1.7 percent drop was the steepest daily loss since Q1. But by August 4, a 1.6 percent recovery emerged, almost entirely retracing the selloff. Driving the rebound: renewed Fed rate cut expectations, mega-cap tech resilience, and a pullback in trade war fears. Yet I’m cautious. This recovery could be a relief bounce rather than a full risk-on regime. Volatility remains sticky, and gold’s strength may be signaling hedging flows into hard assets as real rates peak. 🧠 What I’m Watching • Gold resistance near $3,420 and $3,465 from upper channel extensions • Silver continuation above $38 could ignite a new leg targeting $42 • SPX sector rotations and breadth recovery to validate equity follow-through • Options flow in GLD and SLV ETFs for directional bias confirmation I’m positioning with a macro lens: watching for confirmation in yields, the dollar, and cyclical data. If silver’s breakout holds while gold consolidates, I may consider short-dated SLV call spreads as a risk-defined trade. 📢 Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets 🚀📈 I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! 🍀 Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀 @Tiger_comments @TigerWire @TigerStars @TigerPicks @TigerObserver

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