$GLD / $GC – Gold Poised for Breakout as Hard Assets Flex

/ – Gold Poised for Breakout as Hard Assets Flex
Gold is setting up for a major breakout, and the broader market is finally catching on to the hard asset trade. Whether it’s inflation ticking up or the never-ending government deficit spending, the market is starting to signal something big.

🔹 Macro Tailwinds:

Inflation pressures + record deficit = a perfect storm for gold.

The dollar is under pressure — metals (, , ) are responding.

This theme isn’t going away anytime soon.

🔹 Technical Setup:

and (Gold Futures) are coiled tightly just under breakout levels.

Volume is steady, and momentum is building under the surface.

A move through current resistance could send this entire trade into overdrive.

🔹 My Positioning:
1️⃣ Options: Long calls with 1-month expiration — slow mover, but clean structure.
2️⃣ Futures: Trading contracts on the breakout side.
3️⃣ Silver Exposure: Still holding partials in — it’s following gold’s lead but with more juice.

Why I’m Focused Here:

This is not a one-day theme — hard assets are becoming a rotation trade.

If this confirms, we could see multi-week upside in precious metals.

It’s rare to get clean technicals that align this well with macro.

kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com

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kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com

Also on: