Goldman: How to Play the Gold Dip
Still Bullish, just not next week.
On Friday we posted our coverage of a report sent by Goldman to their institutional players advising them to be careful of a selloff in the immedatate future. They advised buying some puts now to protect against shiort term drops and keep them positioned for the run to $3700 they expect by year end and $4,000 by H1 2026.
Contents
Goldman on Gold: Tactical Hedging Ahead of Strategic Reentry
Roundtrip to Record Highs, Then Reversal
Technicals: Momentum and Support
Positioning: China Liquidation Risk Rising, US Longs weak
Bullish Headline-Risk Cools
Options Market: Volatility Mispriced
Implementation Strategy
Final Comment