Public trading strategy
Central banks hoarding gold while the dollar weakens — accumulate gold miners as
Thesis
Global instability and rising military spending are forcing central banks to hoard gold, a classic safe-haven asset, pushing China to continue its buying streak. Additionally, top economists are warning that the U.S. dollar is facing long-term pressures from high debt and a shifting global economy. As inflation stays sticky and faith in paper currencies is tested, gold mining companies are perfectly positioned to catch a massive bid.
Strategy approach
Build a breakout strategy for GLD on the daily timeframe. Enter long when the price closes above the highest high of the previous 10 trading days. Use an ATR(14) based trailing stop (2x ATR) for risk management, with a maximum holding period of 20 days.