Gold fell below $4,000 this week for the first time since July, while Brent pushed above $110. Two of the biggest macro | Hanami
Gold fell below $4,000 this week for the first time since July, while Brent pushed above $110. Two of the biggest macro assets, moving hard in opposite directions.
APEX Multi-Strategy Vault was on the right side of both: short gold from 19 October, long Brent from 1 October. WTI was closed out this week at +8.6%, and profit was taken on Brent and gold along the way. The vault is now running at a 36.6% APR.
The book now, since entry:
Long:
Brent +11.1%
Short:
HYPE +10.2%
XRP +8.2%
SOL +8.0%
ETH +6.4%
Gold +3.6%
Quoted @ApexQuants: Our algo opened a new short in Gold 3 days ago and we are now up almost 3% from this trade, edging our vault’s high watermark back to ATH.
SPOT GOLD FALLS NEARLY 2% TO $4,063.86/OZ
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