Gold Call Update: +719 pips, Upside $1780

Original position taken on the 25th of november. This is an equally weighted index of gold across the major currencies. I was able to secure a derivative contract with the above formula with a private party who've since defaulted in strike unable to cover the margin after +560 pips. Either way, this was a great example of a falling wedge in a fundamentally undervalued currency. I will continue to hold gold across the board (equity's (mining), etfs, physically. This and all other trades always posted in our channel.

10:52:12 (UTC)
Mon Jan 6, 2020

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