Been bullish on gold since Mar/26. I got caught near the peak buying GLD and GLDM back in May—literally rode the elevator all the way down! But I stuck to my conviction, patiently averaged down on the dips, and held tight. Sure enough, August 5th delivered a strong trend reversal, and my positions are finally back in the green! 🎉 Right now, gold makes up about 10–20% of my portfolio. My plan simple: buy low, sell high using technicals.

1. Why Gold

De-dollarization: The structural decline of USD dominance is a multi-year shift. The move toward a multipolar global economy is already happening.Central Bank Buying: Global central banks keep stacking gold, creating a rock-solid price floor. Waiting for Hot Money: Fundamentals are driving this rally for now, but once speculative capital jumps in, it’ll throw gasoline on the fire—just like last year’s massive run! 

2. Why Swing Trading

Manageable Volatility: Silver swings way too wild. High volatility sounds fun until it capsizes your account. Real compounding comes from steady gains × time. Gold’s moderate swings let me sleep soundly at night.

Pure Technicals: Gold doesn't have "major shareholders" or insider dumping. No corporate drama. That means indicators like MACD, RSI, and trendlines stay clean and actually work well for timing entries on the right side of the chart. 

3. My Take on SGX Gold & Silver DLCs

The Good 👍: Direct SGD settlement. You don't lose money on USD/SGD currency conversions.

The Caution ⚠️: 5x daily leverage is a double-edged sword. The daily reset mechanism means sideways. If you don't have time to screen-watch all day, tread carefully!

My core holdings are still in long-term spot ETFs. I’ve added SGX Gold DLCs to my watchlist. If MACD shows an extreme oversold signal or a clean breakout, I might take a small, tactical bite with 5x Long DLCs to boost returns (though I'm much more hesitant to short).

#DLC #Gold #Silver