- Entry
- $87.18
- Now
- $85.86 -1.5%
- Target
- —
- Score
- —
Gold has performed well in August, with futures rising over 14% off the lows back on August 3. The breakout on August 5 was the clearest trigger for longs, and [**I first entered the trade via GDX**](https://www.tradingview.com/chart/GDX/tcWfP8rE-Gold-is-breaking-out/), the gold miner ETF. I then [**added in a futures trade**](https://x.com/GatorResearch/status/2087299481700299004) (perpetuals) on August 11 at about 4432. Confidence in the US dollar is weakening, shown by the dollar index in decline. People are in search of a store of value to hedge …
— ORIGINAL POST ·
It's not too late to get into the gold trade
· r/swingtrading
· Aug 23, 2026