Gold Didn’t Fail — It Exposed Who Was Chasing Noise

This gold pullback scared traders for the wrong reason.
 
   
     
🚨 A Third Mega Catalyst Is About to Trigger 🚨

Geof Smith will break it down with Nate Tucci and Alex Reid. Join us at 1 p.m. ET this Thursday for the most important gold briefing of the year [Tap to join]
 
 

Gold Just Shook Everyone Out — Now What?

I want to talk about gold for a minute, because this past week is a perfect example of how markets mess with people’s heads when they get too locked into short-term moves.

Over the last few days, gold got hit hard. Same story across silver, copper, the whole metals complex. You could feel the panic creeping in — people calling the rally "over," saying it went too far, too fast, that the trade was dead.

And honestly? I get why it felt that way. But here’s the part most people missed…

Even after that sharp pullback — nearly a 21% correction from last week’s highs — gold never broke where it started the year. It didn’t even lose last month’s levels. 

We flipped the calendar, started a brand-new month, and gold held its ground cleanly.

That matters.

Since then, we’ve already bounced roughly 12% off those lows. That’s not random. That’s what happens when panic selling runs out of fuel and stronger hands step back in.

Yes, gold ran hard earlier this year. From late last year into those recent highs, the move was fast. 

Corrections like this are normal — healthy, even. They shake out weak positioning and reset sentiment. What they don’t do is magically fix the bigger picture…

Global debt didn’t disappear.

Central banks didn’t stop buying.

Demand for gold didn’t suddenly dry up.

All that happened was fear showed up for a few days — and now price is starting to respond again.

I’m not here to make bold predictions about where gold has to go next.

But I do think moments like this — right after a violent shakeout — are where opportunity starts to show itself, if you know how to frame it properly.

That’s exactly what we’re digging into at 1 p.m. ET on Thursday, when Nate, Alex and I break down what’s happening in gold right now and how we’re thinking about it going forward.

If you want clarity instead of noise, click the link below and join us.

We’ll see you there.

 
 
Book Your Seat Here
_________________________________________________
“The Perfect Year” live event, featuring headshots of Alex Reid, Nate Tucci, and Geof Smith from left to right, with text reading “Live Thursday February 5th at 1pm ET.
Disclaimer: We develop strategies to the best of our ability, but we cannot guarantee a future return. There is always a risk of loss when trading. Past performance is not indicative of future results. Since 12/05/2024, the trading approach discussed today has published 54 trade alerts. All 54 have returned as winning trades, for a 100% win rate. The average return per trade, winners and losers combined, has been 16.88% on an average holding period of 9 days.

Geof Smith
Geof Smith Trading 

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

 
Telegram: https://t.me/+lm8_Nq3Su104NmFh 
YouTube: https://www.youtube.com/@FinancialWars 

Important Note: No one from the ProsperityPub team or Geof Smith Trading will ever contact you directly on Telegram. 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

Subscribe to receive free email updates:

0 Response to "Gold Didn’t Fail — It Exposed Who Was Chasing Noise"

Post a Comment