XAUUSD .
PLAN YOUR TRADE & THEN TRADE YOUR PLAN!
200 PIPS BOOKED!
Beautiful trade execution in the New York Session today. 🔥
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London + New York. More opportunities, same disciplined execution.
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$4,400 Gold Can Fix Almost Any Mining Project Except This | Brien Lundin
At $4,400 gold, almost every mining project looks better. Brien Lundin says that may be exactly what makes this market dangerous.
Lundin joins Kitco News anchor Jeremy Szafron to explain why soaring gold prices are reviving previously uneconomic deposits, attracting money back into junior miners and transforming the balance sheets of major gold producers. But high prices can also conceal weak projects, excessive dilution and risks investors may not see until the cycle turns.
>> Watch the full interview at Kitco
https://t.co/HSojWLy7A3
Lundin lays out the one obstacle even $4,400 gold cannot overcome, why explorers are typically the last mining stocks to move and why major producers could now offer three-to-five-times upside with less risk than junior exploration companies.
The conversation also covers China’s gold demand, record copper prices, the coming competition for new projects and why Lundin believes today’s copper price could eventually look like a discount. He also explains why gold initially falls whenever Federal Reserve Chair Kevin Warsh sounds hawkish—and why buyers keep stepping back into the market.
Lundin is editor of Gold Newsletter and host of the New Orleans Investment Conference. Kitco News will be reporting from this year’s conference, taking place October 28–31.
Register here: (https://t.co/sKG6vPKiPs...)
Recorded September 8 2026
Follow Jeremy Szafron on X: @JeremySzafron (https://t.co/JNio1Y21w4)
Follow Kitco News on X: @KitcoNewsNOW (https://t.co/LmZsIBKMg5)
Follow Brien Lundin on X: @Brien_Lundin (https://t.co/WmTpv0kARx)
CHAPTERS
00:00 Has $4,400 gold made mining better—or harder to read?
01:00 The “optionality” plays are finally paying off
03:27 Why gold miners still haven’t caught up to gold
06:02 China is buying more at $4,400 than it did at $3,000
09:01 Copper hits a record—and tells a different story
12:21 Seven factors that can kill a mining project
17:22 The one thing high gold prices cannot fix
18:26 Why an explorer can now become a miner
21:22 Money rushes back into junior mining stocks
23:14 Why explorers are the last mining stocks to move
36:12 Why major producers could outperform the juniors
37:49 Lundin’s costly admission: “I’m a lousy seller”
43:30 Why the market may be wrong about Fed rate hikes
XAUUSD.
🚨 GOLD’S NEXT 3–4 WEEK STRUCTURE JUST LEAKED!
August has already delivered around 15.5% upside momentum in Gold, and the way the monthly candle is building right now clearly shows that buyers have gained significant strength. The biggest question at this point is whether Gold will finally give a meaningful correction or continue moving higher from here. A lot of people are confused because after such a strong move, they naturally expect a big retracement. But the market does not always give the move everyone is waiting for. That is why, for the next 3–4 weeks, understanding the price structure and liquidity will be much more important than simply predicting a top.
If you look back at my previous August analysis, I was already expecting upside momentum during August. At that time, my expectation was around 4200–4300, followed by a possible strong reversal that could potentially bring Gold back below 4000, with 3900–3800 as possible downside targets. But the market did something that completely changed the scenario. The important internal lower-high structure on the daily timeframe was broken with strong momentum. Once that structure broke, a huge amount of sellers' stop-loss liquidity was taken, and the volume that entered the market afterwards was strong enough to attract fresh buyers. This is where the entire character of the market started changing.
Now, if you look at the overall yearly structure, you can see that Gold has created multiple lower highs throughout the year. LH1, LH2, LH3 and LH4 — and what is interesting is that the market now appears to be moving upward to attack these previous lower highs one by one. We recently saw the breakout of LH4, and instead of giving an immediate reversal, the market consolidated for a while. Sellers started believing that the liquidity had already been taken and that a downside reversal was coming, but Gold once again continued higher. That behaviour is extremely important for what I am expecting in the coming weeks.
Because whenever you get strong continuation in a bullish trend, the market often does not give people the perfect retracement they are waiting for. Everyone keeps thinking, “It will come down a little more, and then I will buy at a better price.” But if the market keeps moving higher, those same people eventually start entering at much higher levels because of FOMO. In my view, something similar could happen over the next few weeks. A lot of traders may continue waiting for a deep correction that simply never comes.
Now, coming to the upcoming week, I am expecting the possibility of a major liquidation or temporary correction around Wednesday or Thursday. If Gold opens the week with strong upside momentum, early buyers will most likely enter aggressively. But once fresh sellers start entering around higher levels, we could see a sharp liquidation move. The 4500–4537 zone is therefore very important for me. If Gold comes into this area, I would not immediately consider it a trend reversal because in a strong bullish market, these types of pullbacks and liquidity sweeps are completely normal.
The most important level right now is 4452. For me, this is not just another support level; it has developed into an important institutional zone. As long as Gold continues to hold above 4452, my overall bias remains bullish. That does not mean the market will move straight up. We can still see consolidation, liquidity sweeps and sharp intraday corrections along the way. But as long as the major structure remains intact, I will continue to treat those pullbacks as part of the broader bullish trend.
After that, the next major level I am watching is 4591. If Gold breaks above 4591 with strength and then comes back to retest that level and successfully holds it as support, that would be a very important confirmation for me. In that scenario, swing traders could potentially start looking toward the 4800–4900 zone as the next major upside target. The 4591 breakout would not simply be another resistance breakout; it would indicate that Gold is entering a phase where the remaining higher-timeframe lower highs could start getting attacked aggressively.
So, my simple plan for now is: bullish above 4452, potential liquidation/correction around 4500–4537, and confirmation above 4591 for further continuation toward 4800–4900. Until 4452 breaks decisively, I would rather focus on buying opportunities than become unnecessarily bearish just because Gold has already moved a lot. However, if 4452 is decisively broken, then this entire bullish plan will need to be reassessed.
The bigger picture on the daily timeframe is simple: Gold is currently trying to reclaim the lower highs that were created throughout the year, one by one. That makes the next few weeks extremely interesting. Now the question is whether the market first comes down to collect liquidity before continuing higher, or whether it simply keeps running toward the next major level without giving traders the deep retracement they are waiting for.
So, this is my overall plan for the next 3–4 weeks. I hope you found it logical and easy to understand. This is based on the daily timeframe, and I’ll keep sharing fresh intraday plans every day, so stay alert and follow the key levels. Let me know your view on Gold for the coming weeks — I’d love to know what you’re expecting.
Nick Fuentes puts potheads and psychedelics users on blast
“You don’t matter. I’m not interesting in arguing with junkies… f*ck you. Our ancestors would bеаt the f*ck out of you!”
@RomanAtwood Now there are two options to you, either u continue sober or occasional use. But either way, always achieve the most that’s what humans are made for. I vote for sober ☝️
@RomanAtwood Someone who has never tried any of the substances you mentioned will always be different from someone who has, and vice versa. Having said that, it doesn’t matter for how long you have stopped drinking for and haven’t felt any better. You have already found “fun” substance.
@MarioNawfal Nothing complex there, people have been living there for years together, share everything with each other, goes to schools, friends, cousins, food. Unless someone wants to draw lines and create division.