This will be an express briefing tonight

Strong System execution on SMH day-trade off Weekly Kijun reaction zone —> precision exit at 15 min Kijun for +76%

FOMC tomorrow ahead of MSFT ER

Expect gold to react to FED

MSFT

SMH contra-trade continues with software rallying vs AI trade correction

System decision into ER —> potential rare exception to hold through news

Daily chart:

GOLD | XAU | NUGT

FOMC tomorrow —> expectations for no policy change

Gold remains firmly pressed up against the powerful downtrend line System has been tracking —> expect next decisive move in hours following FED decision

Execution Plan —> hold GLD Jul 29 365P hedge through FED — unless material gap-down pre-market —> then evaluate profit taking

XAU Daily:

Full Briefing back tomorrow night.