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2025-10-20

$SPDR Gold Shares(GLD)$ $GLD option volume hit record highs last week, sending 1M IV to 30% (5Y high!). Gold vol now trades 4σ above long-term avg.

Despite the equity rally, risk aversion rose: $SPX skew steepened to 1Y high as traders sold upside calls to fund downside protection.

🏆ⓗⓐⓟⓟⓨ ⓣⓡⓐⓓⓘⓝⓖ ⓐⓗⓔⓐⓓ! ⓒⓗⓔⓔⓡⓢ, ⓑⓒ🍀🍀🍀

# Goldman Upside Alert: Could Gold Reclaim $5,400 This Year?

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  • Kiwi Tigress
    ·2025-10-21
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    The gold vol spike’s wild because it’s not fear-driven, it’s structural. Funds are rebuilding tail hedges after months of compression. GLD option volume breaking records just confirms it. I’m rotating a slice from $QQQ$ into gold and miners for the first time this year
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  • Hen Solo
    ·2025-10-21
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    📈 You nailed it with the 4σ gold vol. I’m seeing similar hedging patterns in $GDXJ$ and even in long-dated treasury options. The asymmetry here’s incredible; risk parity models are clearly recalibrating to gold’s dominance.
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  • Cool Cat Winston
    ·2025-10-21
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    📊我正在观察黄金和股票之间同样的成交量背离，这很有趣。黄金的IV飙升感觉与2020年NEM美元运行之前的走势类似。当GLD的IV曲线像这样变陡时，我倾向于看矿工的凸性。
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  • PetS
    ·2025-10-21
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    📈你用4 σ Gold Vol做到了这一点。我在$GDXJ$甚至长期国债期权中看到了类似的对冲模式。这里的不对称令人难以置信；风险平价模型显然正在重新调整黄金的主导地位。
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  • Tui Jude
    ·2025-10-21
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    💹 I’m not surprised to see gold vol breaking out while $SPX$ skew steepens. It’s a textbook sign that funds are quietly rotating into protection. I’m holding some $AEM calls as a hedge in case this volatility spreads into equities.
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  • Queengirlypops
    ·2025-10-21
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    that GLD chart’s nuts. Vol exploding while $SPX$ stays chill means something’s brewing under the surface. Big money’s buying insurance before retail even blinks. I’m all over that kind of setup, feels like pre-move energy 🧃
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  • SG5207418
    ·2025-10-21

    Great article, would you like to share it?

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  • KobeWonder
    ·2025-10-21

    Great article, would you like to share it?

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