$GC. Gold. Also unstoppable. Strong break over resistance and T3. Can't ask for more. Only a matter of time before we see 4000.

GLD +6.5% MTD. On a 100d rolling av, it’s still UNDERSOLD to SPX by over 1-standard deviation. Since April 23, GLD +8.88%; SPX 25%. This looks like a catch up squeeze. Mean reversion is a bitch. I’m here for it.

I believe a lot of retail participants have moved over to the single stock space as the indices have seen systematic selling of vol. Yet in single names space you are seeing massive upside moves - that is where the opportunity right now lies as the dispersion trade is alive and

$GC_F Some new clusters formed above price. (4,3) on the chart so a start of a down sequence. Firmly above support at 3790 although downside T2 at 3692 is in range for a day trade.

$GC_F T1 Down. Tracking lower.

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$GC. Bounce where expected. No major surprises.

The most unsurprising rate cut in as long as I can remember.

$GC_F Now upside T2. As far as the algo is concerned, there is no difference between $CG_F and $ES_F

$GC_F Prices starting to normalize. Upside target is clearly T2...clusters (4,5) around 3720. A drop exceeding 3678 would be a warning.

$GC_F Prices at downside T2. No bounce here and no recovery over the primary clusters paints a more bearish picture and possibly the beginning of a larger correction.

Is anyone noticing a dramatic increase in compression of images attached to WhatsApp messages? Starting today? I am sending some chart snapshots to a colleague and they look terrible.

$CG_F. 60 minutes. Following the sequence. 3647 is the next lower target. Cluster 4 in case prices continue lower.

$BTC used to be called "Digital Gold" which it isn't obviously. The unusual development is Gold trading like crypto.

When your IDE reports you to the police..... this is the end.