April 11, 2025 (Gold Market Wire) - Gold's bull run has resumed, after the "carnage of the tarrifs". No surprise there. Now we approach the top of our channel and lighten up on the trading position - as the discipline demands.

For those who wish to see the channel's origins:

So, here, the admonition from the Master surfaces to remind us not to chase strength in Gold. The amateur will go "all-In", but now is the time to pocket money and look for a pullback. Core for the buy and hold. Trading must be built up and closed down. The right tool for the right job, in other words. Also, beware Friday's. The traders who like to raid the market may shed length after the New York lunchtime. And go home lightly long to flat.

Still, there can be little doubt now that Gold has further upside to run. With US Dollar's sell-off, Gold is finding more energy. If war starts to involve direct conflict between Russia and Western Europe, that will quickly reverse. But as it stands right now - Gold is the new reserve currency in the world.

Everyone else seems to have resigned the mantle now turned cross-to-bear.

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