GoldFix

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GoldFix
We Survived DOOT* Week; Unleash the Flows

We Survived DOOT* Week; Unleash the Flows

*Debt Ceiling, Omicron, Opec, Taper

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VBL
Dec 03, 2021
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GoldFix
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We Survived DOOT* Week; Unleash the Flows
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Morning Markets

Good Morning.

Non Farm Payrolls day, and Gold is up $10. Likely Short covering before the number. Yesterday was an oversold event, today a rebalancing one. But the events of the past week which have roiled markets are now known.

  • Opec: It’s over when we say its over

  • Omicron: very low risk of economic problems.

  • Debt Ceiling: delayed again

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