Markets start to become interesting, as Gold has made a new all-time high.Congratulations to everyone holding Gold in their portfolio, great performance!Now, I mentioned that this is important to monitor, for two questions/reasons.1 - If there's a breakout to a new ATH for Gold, will it then continue to rally to $5,000 and therefore put more pressure on risk-on assets?2 - If this is a false new move upwards, I would like to see a clear, and perhaps 3-5% breakdown, in the coming 1-2 weeks after this push to ...

Market Analysis - Gold's monthly and quarterly price structures are overextended to the upside [1] - A correction to $3,600-3,700 is still completely acceptable for Gold [1] - The market has seen a significant amount of upside, but the upside is skewed [1] - Consolidation in the gold market could lead to a strong move in the crypto markets [1] Investment Strategy - Recommends protecting and hedging at current gold prices [1]

Core Viewpoint - Investors returned to risk-on assets, providing support for digital tokens [1] Group 1 - The shift in investor sentiment indicates a renewed interest in riskier investments, which has positively impacted the digital asset market [1]

Market Sentiment - Markets reacted negatively to Powell's hawkish tone [1] - Markets are fundamentally about valuing risks [1] - A progressive business cycle favors a shift into risk-on assets [1] - Crypto is expected to benefit the most from this shift [1] Asset Performance - Bitcoin is recovering [2] - Altcoins are showing stronger performance relative to Bitcoin (OTHERS/BTC is up) [2] - Gold is down, indicating a risk-on environment [1][2] - Gold is down 10%, suggesting a progressive period for the business cycle [1] - Nasdaq is up [2]