GOLD: A Pullback Would Present a Buying Opportunity!

XAUUSD Gold Traders
13:56

Hello everyone! Today i want to share some macro analysis with you!

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Gold continued its upward trend; a brief technical pullback couldn't halt the upward momentum, meeting my test results from Friday! $Gold - main 2612(GCmain)$

It has currently reached a high of around 4640!

In an hour, gold will test above 4650. Keep buying!

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Successfully reached above 4650, breaking through the psychological barrier of 4650! There is no effective resistance above, and there's a chance to reach around $4700 before the European market opens.

A pullback would present a buying opportunity!

Resistance is now above 4700 before the European market opens!

Gold Hits Three-Month High — Is Dalio's 15% Allocation Call Right?
Gold is turning the debasement thesis into price. Spot gold +0.87% to $4,647, its highest since mid-May. U.S. proxies led Friday: GLD +1.95%, GDX +2.98%, Newmont +3.09%; Zhaojin Mining +2.98% in Hong Kong today. After the Treasury's buyback expansion, yields and the dollar fell — the market pricing fiscal sustainability, not rate direction. Dalio warns of a debt crisis within years, advising 10–15% in gold. Against it: January's $5,608 record makes this a recovery, not a breakout, and hawkish Warsh or a hot July PCE lifts real rates. GLD, GDX and Newmont, or gold as a core weight per Dalio?
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