Did i get it right?

Took some profits off the table for NASDAQ after a sweep of last week's low for the shorts noted on yesterday's stream. Macro sentiment / structure for remains bearish for the index. (We will discuss again on the stream today current reasoning) Running Gold shorts from London AM, I initially missed the retest area I said on yesterday's NY session, but got in after what appears to be another lower high. GOLD Gold remains vulnerable, and the reason goes well beyond the war. Oil is keeping inflation risks alive, which makes it harder for the Fed to lower rates. Higher real Treasury yields can make interest-paying assets more attractive than gold, which pays absolutely nothing. And notice something else. Even when yields have fallen recently, gold has struggled. That tells me positioning and liquidity are playing a part too. Until gold starts responding positively to falling yields and reclaiming important technical structure, I’m treating rallies with caution. NASDAQ The Nasdaq has a different problem. Investors are already paying enormous valuations for future AI earnings, while borrowing costs remain elevated and companies are spending billions on infrastructure. Higher yields make those future earnings less attractive at today’s prices. Treasury yields have recently FALLEN, yet technology stocks are still struggling. That suggests the market isn’t just worried about interest rates anymore. It’s questioning valuations, earnings and whether all that AI spending will actually deliver. That’s why I watch bonds before trusting a Nasdaq recovery. Anyone got anything running on their side? Otherwise, I will see you for the stream later to talk about everything in detail!