---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000877160.md"
description: "$SPDR Gold Minishares(GLDM.US)❤️ My Gold Trade- Lessons From Jackson HoleI bought gold expecting interest rates to ease soon. But after listening to Fed Chair Kevin Warsh’s hawkish speech yesterday, I decided to sell my holdings. It turned out to be the right call. ✅The Market Reaction after Fed Chair Kevin Warsh speech:❤️‍🔥 September rate - hike odds jumped from 34% to 61% within hours 📈❤️‍🔥 Spot gold plunged from a daily high of $4,631.98 down to an intraday low of $4,445.45. It is a massive drop of roughly $186 ( About 1860 pips).❤️‍🔥 I closed my position and locked in my profits before the slide accelerated. 💰💡 Key Takeaway: Always stay vigilant on market fundamentals. When the fundamentals change act decisively, no emotion. Never fall in love with the trade; gold won’t love you back. When it’s time to take profit, do it without hesitation. Market is always there. Opportunity will be back again. Never hug your holding with love.🤭"
datetime: "2026-08-29T06:54:54.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000877160.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000877160.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000877160.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $SPDR Gold Minishares(GLDM.US)❤️ My Gold Trade- Le…


### Related Stocks

- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md)

## Comments (7)

- **Fattycat · 2026-08-29T13:47:42.000Z**: Pray for REITs  🙏🏻.
  - **LazyCat** (2026-08-29T13:58:09.000Z): come to right price then jiak
- **LazyCat · 2026-08-29T13:31:11.000Z · 👍 1**: REITs gonna be slippery on monday
- **Vt3 · 2026-08-29T08:39:58.000Z · 👍 1**: I hope you re not implying I have to fall over my 👠👠for musk and Jensen cos 🦾🦾🤣🤣🤣😝
  - **Fattycat** (2026-08-29T13:48:45.000Z): 🫣🫣🫣🫣🤭
- **MJ26 · 2026-08-29T07:06:13.000Z · 👍 1**: Keep the gains! Thats right,market will give more opportunity
  - **Fattycat** (2026-08-29T07:27:56.000Z): Thanks.☺️


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**