A Buck Gets Ten that Gold Opens The Week Down

Howdy readers! Those of you cunning enough will have opened a short prior to NY close last week, anticipating a gap down at next weeks open.

Gold has rallied aggressively through the last few days - most likely due to the USD downside (Ukraine war seems to be unwinding, China has lightened covid19 restrictions; both of which have attributed to risk on sentiment).

I anticipate some relief to happen early next week, starting with gold opening down.

Trade closed: target reached