This is an article that will excite the gold bulls and make the shorts uneasy.

Yesterday, gold moved a bit stronger, rising more than three points at its peak, and it has already broken through the $4,050 resistance level.
But gold holders, don’t get too excited yet—over the past recent three consecutive days, U.S. funds have been hitting the market with a sell-off at exactly 8 p.m. on schedule.
Once, twice—don’t go for a third time; who knows whether tonight the U.S. funds will still dump again.
Gold over the last three days has also been getting stronger and stronger, giving off the sense that the shorts are starting to run out of steam.
With weaker shorts, the bulls get stronger. A super bullish voice is coming from Wall Street: Over the next few weeks, gold will rebound strongly back into the $4,700–$4,800 range!
If someone else were making such a high-profile bet on gold, they might end up as a joke for Wall Street’s peers. But the person saying this has too much weight at Wall Street, with an outstanding track record over the past forty years.
He is VR Metal Communications’ publisher Mark Leibovit.
He was named by Timer Digest as the No. 1 timing master in the U.S., specializing in capturing major turning points—he rarely speaks, and when he speaks, it hits.
Mark Leibovit has precisely captured four major turning points: Black Monday in 1987, the 2000 tech stock crash, the 2008 financial crisis, and the 2010 flash crash.
Most people only need to catch one such large-scale turning point to be able to brag for a lifetime—Mark Leibovit caught four.
Mark Leibovit isn’t someone who keeps his methods hidden either. He wrote his technique in his book, The Trader‘s Book of Volume, which is revered as the bible of volume analysis.

The underlying logic behind gold’s short-term surge
Gold market mistakes “verbal threats” for “real rate hikes”
Leibovit points out sharply that the market is overpricing Fed rate hikes.
The Fed officials’ hawkish remarks are more about stabilizing inflation expectations than truly preparing for multiple rate hikes to actually land.
What the market is panicking about is an imagined rate-hike cycle.
Let me tell you a joke: now Wall Street analysts rarely talk about September rate hikes—they talk about rate hikes in December instead.
It feels like as long as they can suppress gold, they’ll create the conditions to do it.

The dollar’s turning point is the start of gold’s breakout
Leibovit believes another driver of this round of gold’s decline is that a strong dollar is not sustainable.
U.S. debt has surged to $39.5 trillion, and interest expense is even higher than defense spending—this kind of fiscal condition simply cannot support a strong dollar for the long term.
Once a dollar turning point appears, gold that has been suppressed for months will quickly repair all its losses, like a spring snapping back.
What’s interesting is that today gold is rising, while the dollar also holds strong—could the dollar be seeing a last gasp?

As a gold dollar-cost-averaging investor, I also hope gold can surge to $4,800 in the short term.
But to break through $4,205, $4,420, and $4,500—these key resistance levels—isn’t an easy job either.
Especially above $4,400, there’s a large stack of trapped positions; without massive new capital entering the market, you can’t truly pull it up.

However, Mark Leibovit’s historical record is just too impressive—if he’s right again this time.
Then he won’t be a king anymore—he’ll be a god!
Up to the point of writing, gold is already attacking $4,131, just one step away from $4,205. Guess whether gold can hold above $4,200 today?
#黄金 #Gold #贵金属 #Federal Reserve #USD