MissCommodities · GC=F

Neutral on Gold

“For Q3, the base case is continued dollar strength and commodity chop. Gold likely ranges between $3,700 and $4,350.”

David Morales · called Aug 3, 2026 · 90-day horizon · scored Nov 2, 2026

At call

4,134.2

Aug 3, 2026

Target

n/a

direction only

At expiry

3,955.1

Nov 1, 2026

Move

-4.3%

benchmark to expiry

Scoring noteGC=F 3955.10 at expiry vs benchmark 4134.2 (neutral, |diff|/bench=4.33% > 2% band => miss)

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Calls are logged at publication with the price at that moment and scored exactly once at horizon expiry against market data; scored rows cannot be edited. This is an accountability record, not a performance claim or a recommendation to buy, sell or hold any security. Hit rates ignore sizing, costs and timing. Not investment advice.