Some small signs of a rotation since the open today. Definitely a lot of capital and unrealized PnL tied up in Gold. Been seeing some low timeframe signs of risk assets appreciating whenever gold is selling off. But the higher timeframe trend is what counts. Still a lot of

Obviously equities are the main beneficiary from this as is usually the case. Crypto is in a battle of its own this week. Reacts to headlines and such but a lot of this price action isn't related to macro and such I think. Just a lot of calibrating, balancing & chasing on both