Way back in the day, there was an observable phenomenon we called "Happy Tuesday". The Comex PMs would often rally on Tuesdays and we attributed the price rise to Banks covering ill-gotten shorts ahead of the weekly CoT survey. Whether or not that is what's happening today is immaterial....it's a Happy Tuesday, regardless!
As I type, Dec23 gold is near its HOD in a straight UP, 45-degree move that began a few minutes before the Comex open. When do you ever see THIS happen? Not very often so take a moment and savor it......
