FOMO is started

Chasing high usually ends in tears

‘I’ve Never Seen This in Gold Before’: Why It’s Happening & What’s Next | Gary Wagner
https://www.youtube.com/watch?v=j2RBeuTWG_w
heiken ashi candlesticks

The Chinese gold mania is here
https://www.kitco.com/opinion/2025-04-14/ch...gold-mania-here
This rally is characterized by heavy trading volume and broad participation in Shanghai Futures Exchange gold futures, which suggests the bull market still has plenty of fuel left in the tank.

$3,300 next hour?

what I find surprising is that didn't hear old scams like Genneva Malaysia's special investment scheme where every month can get like 10% return etc popping up this round...

maybe its cos I look too poor for them/my acquintances to target me... haha.

gold price up up up really keng eh... up 100rm in 6 months.

last time oso they said high... and then it keep going higher

But it's normal that after the astronomical rise, there 'should' be some sort of correction.
But the corrections are so shallow. Probably due to FOMO.

+11% in a week, +25% since Jan 1.

gold is a $14 trillion global market, not something some scammers can play with.

central banks hold about 23% while jewelry takes up 44%; the rest are with investors, industrial.

so, far, the dips have been small, quickly bought up.

the last dip apr 3-8 was significant only to bring about an even stronger rebound.

where it goes from here... maybe sideways, consolidate for a while to form a stronger base?

then will trump do more U-turns or pounce on the world harder?

interesting times, let's not miss it!

$3,300 is gone.

3315!

any gold shortie must be shitting bad now.

and watch gold miners!


someone recently asked about silver.

it's going up but need to break $36 for a new leg up.

gold to silver price ratio or GSR now is very high at 100.

Anyone who shorted gold must be mad!
Silver cannot even get back to its ATH yet.

when silver gets to spike, it'll double or triple within days... i hope!

Will we see another $100 rise day?

In view of current conditions, last time someone turn out from no where just to give warning when gold hit 3100 ATH.
It does go down after that, and climb now otw to 3300.
Thanks for ur messages.

Unker was right the first time.

Unker could be right again

$3,343 ATH.
+ $112 in a day. Highest i have ever seen in my 23 gold years! WOW!

The best has yet to cum...come

record high was $3357.

u got 245% tariff slapped on some china products.

u got new US sanctions on china buying iranian oil.

u got freighters reeling from order cancellations.

u got the chinese buying - central bank, insurance cos, instututional funds, retail investors, retail jewelry.

u got incr ETF inflows in EU and North America.

u got the $ declining, DXY at 99.22.

it's hard not for gold price to keep rising for a while or at least stay elevated sideways.

now hovering at $3350/oz or RM475/g.

we're witnessing an extraordinary event, a privilege.

This post has been edited by AVFAN: Apr 17 2025, 07:46 AM

Random outburst from this Unker.

1. The path to hell is paved with good intentions. That's why it's wise to avoid kesian others or offering unsolicited investment advice in public forums.

2. When it comes to investment. You are the captain of your own ship. Don't allow others to steer your ship. If it sinks, you got yourself to blame.

3. Never take investment advice in open forum. Especially from someone who writes his own rulebook and grades his own performance. Instead of showing remorse, he doubles down on the wrong investment call.

4. Investing is easy. Buy high, Sell higher!

When do you think is the time to buy?
Copilot:
Historically, gold prices tend to be at their lowest in **March**, with other months like **October** also showing relatively lower prices[](https://tradersunion.com/interesting-articles/how-to-buy-gold/lowest-price/ "1").