I'm very long GDXU here, gold++

not a reco, but gold is bouncing, im in gdxu

This is you a just few month ago...
upload_2022-9-12_18-12-45.png


but then this:
upload_2022-9-12_18-15-8.png


nice to see you back
 
Maybe short term it will rise, but with higher dollar & rates it seems unlikely to maintain it. Silver was up like 5% a few days ago but it was probably shorts covering. SLV & GLD already down 4% since Monday's high.

edit:

I think the time to buy GLD is after the Fed signals rate hiked are over.
 
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