1PC
05-29 22:28

@Shyonļ¼š
I see the gold pullback as a rotation and liquidity-driven correction, not a structural breakdown. ETF outflows reversing last yearā€™s inflows explain much of the weakness, while central bank buying still supports the long-term floor. On bank views, I sit between extremes: JPMorganā€™s $JPMorgan Chase(JPM)$ bullish long-term debasement case versus Citiā€™s $Citigroup(C)$ near-term caution from rates and AI-driven risk-on flows. Iā€™m cautious short term but not bearish on the broader cycle. For ETF flows, I wouldnā€™t follow the selling, but I also wouldnā€™t rush to buy. Iā€™d wait for stabilization around $4,300ā€“$4,400 and slowing outflows before gradually adding exposure as a hedge. I also see this as a positioning reset rather than a thesis breakdown. If macro risk sentiment shifts again, gold can reassert itself quickly. $XAU/USD(XAUUSD.FOREX)$ $SPDR Gold Shares(GLD)$ $SPDR Gold MiniShares Trust(GLDM)$ @TigerStars @Tiger_comments @TigerClub @Tiger_SG
I see the gold pullback as a rotation and liquidity-driven correction, not a structural breakdown. ETF outflows reversing last yearā€™s inflows explain much of the weakness, while central bank buying still supports the long-term floor. On bank views, I sit between extremes: JPMorganā€™s $JPMorgan Chase(JPM)$ bullish long-term debasement case versus Citiā€™s $Citigroup(C)$ near-term caution from rates and AI-driven risk-on flows. Iā€™m cautious short term but not bearish on the broader cycle. For ETF flows, I wouldnā€™t follow the selling, but I also wouldnā€™t rush to buy. Iā€™d wait for stabilization around $4,300ā€“$4,400 and slowing outflows before gradually adding exposure as a hedge. I also see this as a positioning reset rather than a thesis breakdown. If macro risk sentiment shifts again, gold can reassert itself quickly. $XAU/USD(XAUUSD.FOREX)$ $SPDR Gold Shares(GLD)$ $SPDR Gold MiniShares Trust(GLDM)$ @TigerStars @Tiger_comments @TigerClub @Tiger_SG

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