🟡🏦 #GOLD ( $XAU ) — Pull Back the Chart. See the Real Story.
Block out the daily candles and short-term swings. This is a multi-year structural narrative.
The long-term journey of Gold tells a powerful story:
Phase 1 — Breakout Era 2009 — $1,096
2010 — $1,420
2011 — $1,564
2012 — $1,675
A strong impulsive climb. Momentum was aggressive.
Phase 2 — The Forgotten Range 2013 — $1,205
2014 — $1,184
2015 — $1,061
2016 — $1,152
2017 — $1,302
2018 — $1,282
📉 Years of compression.
No retail frenzy. No mainstream obsession.
Just silent positioning and base building.
Markets often expand the most after they bore the majority.
Phase 3 — Coiled Energy 2019 — $1,517
2020 — $1,898
2021 — $1,829
2022 — $1,823
A tight structure under resistance. Liquidity forming. Pressure stacking.
Phase 4 — Repricing Wave 2023 — $2,062
2024 — $2,624
2025 — $4,336
📈 Nearly a 3x revaluation in three years.
Parabolic moves of this magnitude usually reflect monetary shifts — not retail speculation.
What’s fueling the move?
🏦 Accelerating central bank accumulation
🏛 Exploding sovereign liabilities
💸 Ongoing currency supply expansion
📉 Gradual erosion of fiat credibility
When gold behaves like this, it often signals a deeper monetary transition.
They once rejected: • $2,000 gold
• $3,000 gold
• $4,000 gold
Each milestone looked “overextended” — until price acceptance followed.
Now the narrative shifts again.
💭 $10,000 gold by 2026?
What once sounded delusional now feels like structural repricing.
🟡 It may not be that gold is skyrocketing.
💵 It may be that purchasing power is shrinking.
Every macro cycle presents two options: 🔑 Build exposure early with conviction
🔥 Or pursue late with emotion
Cycles don’t reward noise.
They reward foresight.