Goldman Sachs says investors trim dollar holdings, return to neutral position on US

Discussion in 'Trading' started by Faizanidrishi, May 14, 2025 at 9:35 AM.

  1. Anyone who is trading new York session today 14-05-25 what's you stance on gold today under this news.
     
  2. What do you think?
     
  3. nitrene

    nitrene

    No compelling reason to buy Gold when VIX is collapsing. Today US dollar lower and so is Gold as well as GDX so I think Gold has topped out, for now. During the Liberation Day Crisis Gold went up no matter what so it is telling.
     
    S2007S and MarkBrown like this.
  4. cool i guess on short term we can plan a long but a big no in swing
     
  5. unusual choppiness in new York session
     
  6. S2007S

    S2007S



    Agree. I think gold easily trades under 3000 soon since all fear is gone from the market....market has gotten complacent, too complacent...I can tell by all the new ipos slated to come out and those meme stocks starting to literally rally 30 to 50% a week. The greed index has surged literally overnight.
    .


    https://www.cnn.com/markets/fear-and-greed
     

  7. damn