Public trading strategy
Gold bouncing off recent lows as geopolitical risk spikes — accumulate gold mine
Thesis
Gold is finding its footing just as the market is hit with a perfect storm of uncertainty: rising Middle East conflicts and anticipation of a major inflation update. Historically, when geopolitical risks rise and stock markets look vulnerable, investors flock to gold as a safe haven. If the inflation data comes in cooler than expected, it could weaken the dollar and give gold an additional boost, making the current rebound an attractive entry point.
Strategy approach
Build a swing trading strategy on GLD using the daily (D1) timeframe. Enter a long position when GLD bounces off its 20-day moving average and the daily close is higher than the previous day's high. Set a stop loss just below the 20-day moving average and exit after 10 trading days or a 5% gain.