...probably some decent size players taking profits on the recent move in gold...
...laid on some additional Risk On bets...
...i moved to 50% hedged Risk On assets late in the session - for the Labor Day weekend...will move to a fully unhedged Risk On posture Tuesday, if the recent wave continues, else move to a fully hedged posture if the wave has crested...
...note the chart re. AU...the buyers stepped in between 10 and 11 EST...this seems a fairly strong sign of support - now at higher levels than in the recent past...
...futures don't think so...
...probably some decent size players taking profits on the recent move in gold...
ReplyDelete...laid on some additional Risk On bets...
...i moved to 50% hedged Risk On assets late in the session - for the Labor Day weekend...will move to a fully unhedged Risk On posture Tuesday, if the recent wave continues, else move to a fully hedged posture if the wave has crested...
...note the chart re. AU...the buyers stepped in between 10 and 11 EST...this seems a fairly strong sign of support - now at higher levels than in the recent past...
ReplyDelete