Somebody bets on 20000$ GOLD in December 2026. Stupid bet or not?

Who the hell keeps buying 20000$ CALLS on December 2026 strike? That’s confirmed and it’s not any AI.

To get an idea of my gold prediction you have to go back to this topic from January 2025

Gold is approaching to a massive 50Y momentum break. Can we predict the price of gold based on technical charts? We’ll try.

In this prediction I was trying to show you how low SP500 can go and how high GOLD can go. To sum it up you’ll find there 3 targets for SPX : 2200, 1500 and 800.

Also you’ll find there multiple targets for gold. From 5700$ to 31500$, but these are extreme examples, while most of the targets sit somewhere between 10000$-20000$

So what 20000$ bet tells us? If it’s going to materialize it tells us economy is going to collapse in a record EVER manner, what is not really surprising watching record ever yield-curve inversion. This is a bet that in 9 months global economy will flip just into medival times. Here we have a technical explanation of this possibility :

SP500

Targets 2200, 1500, 800. Have in mind that “3rd” level is exactly on 1932-1942 TREND crossing and on bottoms of 2002-2009. That’s our 800.

1/ 800 is 2002-2009 lows

2/ 1500 is 2000-2007 peaks

3/ 2200 is 2020 lows, 2016 peaks

So now we’re still playing a game with 1929-2000-2024 back below the trend. I bet we’ll do it and this spike above this trend was a massive bull-trap.

To get closer view on this chart, you can see that 1929-2000 trend now sits on 6520 level for March 2026.

Mastering technical turn of the market

SPX/GOLD

At some point of time we’ll run towards 1932-1980 trend. That’s … around 0.07, I bet middle point is 2011 level 0.6-0.7. I won’t be explaining what it means and how to interpret this chart. You can find plenty of articles where I talk about it, or if you are my long term follower, you know this chart probably by heart. Just remember 0.07 and 0.6-0.7 that’s it.

GOLD

Considering the fact we are expecting SPX/GOLD to jump to 0.07 to close and end secular disinflationary cycle using economic depression we need to take a look on GOLD. Big support and (M)MA20 sits on the same level = 3500$ and that will be still considered as a … huge high momentum bull market correction.

To remind you : (M)MA20 = high momentum border, (M)MA50 = technical border between bull/bear, (M)MA100 = middle point often bull/bear trap level, (M)MA200 = secular border of a bull/bear market.

Distance from 5600$ peak to (M)MA50 was just -56%. Based on my definition that’s not even a definition of a big bubble it starts from -60%+ and over -70% I consider it as a “tulip bubble category”. During 1980 peak it was -75%.

To sum it up. I expect a correction of GOLD to reach 3500$ and massive move up. I expect that any try of injecting liquidity later will be … mostly going towards GOLD.

Doubling the channel places ~17000$ level as its peak?

DXY

This move in GOLD is just a signal of upcoming liquidity crisis, my ultimate low 96-96.5 for DXY => EURUSD = 1.20 is hold reaching #1 or #2 at the end. So I expect based on GOLD last drop massive move in DXY soon.

20000$ GOLD target

If market placed a bet on 20000$ GOLD target till December 2026, that’s just like XIVing the economy. Find XIV ETN which blew up in 2018 to get an idea what I’m talking about. Now let’s back to our 0.07 and 0.6-0.7 SPX/GOLD levels

Let’s calculate SPX 800, 1500, 2200 levels

800 / 0.07 = 11500$

1500 / 0.07 = 21500$

2200 / 0.07 = 31500$

If somebody bets so heavily on 20000$ gold target till December in reality I bet he expected SPX to hit 2000-2007 support level. I know I know it sounds SUPER HYPER EXTRA CRAZY. It’ll only happen once economy will just come to complete HALT.

Like : no oil, no fertilizer, no gasoline, empty shops etc.

This one line down towards 1500 doesn’t mean anything. I just want to show you this level.

Now let’s come back to our 0.6-0.7 middle point. I expect we’re going to reach this level once GOLD will drop to (M)MA20 = 3500$

3500$ * 0.6-0.7 = 2100-2450

So 2100-2450 on SPX.

Do you recognize this value? Of course that’s 2020 lows or 2016 peaks.

Summary of the path how to jump to 20000$ GOLD prices

As GOLD has already lost 1000$ it’s about to lose another 1000$ more IMO, but this time way slower. The same time we’re ready for a massive DXY spike and big EURUSD drop. Technicals saying big rescue is coming around 2020 low levels once GOLD will reach 3500$ there, which implies 2200 on SPX and SPX/GOLD hits massive support on 0.6-0.7 level.

During that moment there’ll me massive liquidity injection which will flow towards GOLD mostly ignoring stocks.

While GOLD will start parabolic move up from (M)MA20 = 3500$ after that moment, SPX won’t be able to find a big bid there slowly floating towards 1500 where it’ll find its bottom while GOLD reaches > 20000$ getting SPX/GOLD towards 0.07 and it’ll end in December 2026, the same moment DXY hits 120 or 160.

So we can say record ever flip towards economic depression will occur.

This is guys a technical theory to this 20000$ bet. Will it materialize or not is a totally different story. I share my view how it’ll be realized looking on key charts if it decides to materialize.