The book / Commodity · via a London-listed fund
GOLD Gold
Position
- Weight · target
- 9.0%
- of the portfolio
- Reference
- 9.0%
- what the rules alone would hold
- Position
- Long
- long: it gains when the price rises
In the mechanical reference book · core sleeve. The council may move it away from the reference, inside a range code sets from its trend.
Weight across runs
Reference 9.0%Council 9.0%Executed book none (rehearsal: nothing traded)
One published run so far; the chart appears from the second run.
Show as table
| Run | Reference | Council | Executed book | Outcome |
|---|---|---|---|---|
| 25 Sep 2026, 14:40 UTC | 9.0% | 9.0% | — | NOT TRADED |
Trend
The reference book holds the weight the rules alone would hold: a fixed base weight per line, scaled by its trend (up = full, mixed = ¾, down = ¼) and trimmed when the line is unusually volatile. The council's allowed range around it comes from the same trend. Oldest run first; runs in the same state are merged.
What the agents said about GOLD
Every claim, answer, concession, card and decision that names this line or cites one of its facts, newest run first. Under each claim, what happened to it. Each opens its place in the run.
25 Sep 2026, 14:40 UTC REHEARSAL NOT TRADED 4 items
-
Bull · opening claim c4
GOLD is mixed, -0.8% vs SMA50 and -5.9% vs SMA200, but mom63d +6.0% and vol 0.69x: reference 0.75 is the honest level, no cut card exists.
GoldtrendGoldvs 50-day averageGoldvs 200-day averageGold3-month changeGoldvolatility shock
- concedes Bear: GOLD mixed with no cut card: reference 0.75 is honest.
-
Bull · opening concession concedes
GOLD sits below both averages and is 21% off its 52-week high.
-
Bear claim c3
GOLD is the only line whose band permits a cut, but no volatility or news card exists, so the reference 0.75 stands.
GoldtrendGoldvs 50-day averageGoldvs 200-day averageGolddrop from 1-year high
- concedes Bull (rebuttal): GOLD is the only line whose band permits a cut, and with no card the reference 0.75 is honest.
-
Bull · rebuttal claim c3
GOLD mixed, -0.8% vs SMA50, -5.9% vs SMA200, but mom63d +6.0% and vol 0.69x: no qualifying card, so reference 0.75 stands.
GoldtrendGoldvs 50-day averageGoldvs 200-day averageGold3-month changeGoldvolatility shock
Trades
No order on this line in a published run.
Latest facts
This run's format published fact ids only, without a facts table; the agents' citations are listed above.