Very interesting.

Although the price of Gold is undergoing correction for the last few days with price of Gold falling below USD4,000.00 a check with the website of Gold Bullion Dealer revealed that stock of Gold has run out especially for the popular 1 ounce or lower denomination. No indication when new stock will arrive. Need to wait for new stock.

It is also a sign that buyers are not selling or taking profits and waiting for the correction to end and the resumption of the uptrend.

When the price of Gold drop it does NOT mean that you could buy them due to lack of stock in the market as it is happening now.


Regards

DON'T TRADE GOLD!

Its one of those weeks where both gold n crypto prices continue down, down, down trend. Anyway Unker optimistic tonight post fomc pump.

Daughter called this morning to share confidence n some silver lining.

" Daddy dearest, with gold prices plunging n my birthday approaching - dont you think the Lady Datejust with jubilee gold bracelet is getting more affordable?"

Will gold price dip to 450rm per gram pls???
I've sold my small 30gram e-mas already.... Only left 10gram e-mas....

Want to buy back at more sane prices. Hehe.

that's alasdair mcleod.

andy schetman also gave his account:
https://www.youtube.com/watch?v=5uLvQAGn_90

"a few banks coordinated to dumped big lots of paper gold during very thin trading hours, sing a strong narrative, spook the weak ones to sell... then buy back to short cover."

however, he suspect that only led to other banks incl MS, BofA buying physical gold at lower price for immediate delivery, v nice.

some very big players have been taking delivery of big loads physical gold, either for themselves or for their clients. or, just ONE client?!

this may not be sustainable, one step closer to the paper trade unraveling.

so... do u wanna buy more gold coins & bars or sell?

This post has been edited by AVFAN: Oct 29 2025, 01:29 PM

that's like $3,330 per oz

never say never but most unlikely.

more realistic to target RM500/g.

but possible if RM flies to 3.5.per $.

This post has been edited by AVFAN: Oct 29 2025, 01:42 PM

Hey, give credit when it's due. Brader taking the heat from uncles and aunties here claiming that it'll go up, playing long-term holding at far-lesser ROI when brader said it's selling now. Got my earlier responses deleted due to the flag of attacks, and now everybody switching opinions.

Congrats to those who sell at the high....

DON'T TRADE GOLD.

then I hope its gold price that dip... not RM flies... since to most of us here, we are looking at gold price in rm.

ringgit too strong also bad for the export industries.... hehe

to get to $3300, it will need to go below the 200 day moving average.
https://www.barchart.com/futures/quotes/GC*...hnical-analysis

more likely it will test 4100 tonight or tmr after fed cut rate.

gold $4008/oz, RM540/g

silver 48.13/oz; RM6.477

RM4.1905/$; DXY 98.89

hmm....the price swing for gold is not really good...
one day down 2-3%...next day up 1.5% and potentially higher also....

crazy....really crazy......

the volatility is to be expected.

becos there's a financial war going on on top of a trade war!
rehypothecated gold and silver bankers battling with central banks.
paper gold & silver traders battling with physical gold & silver accumulators.

interestingly, Mario just said BRICS aligned central banks bought 558 tons of gold in the last 2 days when gold price went <4000.
(Bank Negara has 38.8 tons.)
https://www.youtube.com/watch?v=xzuSjPs58WQ

and if gary wagner is right, we have just entered wave 3 of the current elliot wave.
wave 3 rise is always bigger than wave 1; last wave 1 saw a $1,000 rise.
but we need to see what happens in the next few days first.
and, we wait to see what fed decision at 2am tmr morning.
exciting days!

Hmmm, if you want to be taken seriously cannot start post with 'opinion', everyone here has their own opinion, ....differentiate by exhibiting your TA, FA, Macro, Geopolitics acumen n ahem, talking points/grammar.

Lastly, if you are really gifted in the above, monetize your skills, get into YT, X, etc put a face to your name.

Again, just my humble opinion....on gold forum.

fed rate cut, especially if fed signals further accelerated cut moving forward, will definitely help gold price due to dollar devaluation pressure...

but what about market sentiment: will the risk on factor be stronger vs the dollar deval effect?

whatever it is, my vote and wish is on fed being dovish! super dovish even better...

For someone with millions in bank stocks, I sincerely hope you don't overstress yourself with purchases (in my opinion) - comparatively small change to you.

Just buy lar...at least next time we can tell next gen, we purposely bought at the top.

investor risk on appetite and gold price incr may not necessarily be mutually exclusive anymore.

the US debt situation is very serious, additional $1 tril deficit in 71 days.

in the event they cut rates big and do massive QE to inflate away the debt, NYSE stocks & precious metals price will go up together - in $.

that has been the case in last 2 years, only that gold had gone up higher.

the richest people will get even richer with stocks, real estate and precious metals too.

the income poor and asset poor folks will suffer the most with $ debasement, hyperinflation, stagflation.

gen z is restless, riots already seen in many countries.

unfortunately, that is how the current world economic system is structured and designed. and it's failing.

and that is why BRICS is trying to offer an alternative.

This post has been edited by AVFAN: Oct 29 2025, 07:43 PM

oh no lar... like you very accurately said... at peak, I only had 40 gram in e-mas (digital gold in tng) and now only 10gram. haha.

Its just for me to dabble in commodity (prior to last year, never once did i touch a commodity) and learn those hidden tricks from the many sifus here such as yourself and avfan.
before/if i decide one day to go in big... lol

This post has been edited by Wedchar2912: Oct 29 2025, 08:11 PM

Folks, there you have it...now's the time to buy gold.

Once these high net worth unkers rotate their > (Rick Rule, one half of one percent) $ into gold....new ATH.

Let's just agree to do what you're good at.

If folks can't trade, if they lack discipline, then stick to HODL.

And I already monetized my skills by trading. I don't even need to listen to folks like you talking down on others as well as being critical in forums like this. If you think this gold opinion is the one recommendation I pulled out, look at the stock exchange community.

Haha! Why waste time here? Some more was people to give u credit?
Soliciting for potential customers?
Belittling people making > 10% margin/year?
Just saying gold price drop......but to what levels? Next you'll say join your Patreon?

Sorry no sorry, Unker free this week...boss still away. Boring, cari friendly banter.

This post has been edited by Unkerpanjang: Oct 30 2025, 10:11 AM