The reversal in stocks is crystal-clear. The ones in the USDX, gold, silver, miners, and crude oil are not. They’re still super-important, though.
Exclusive Gold Price Analysis
Silver shot up again! Excited? And rightly so, because it’s a very important indication.
Gold is trying so hard to move above $2,000… The dramatic attempt gets many heads turning, but… It doesn’t look good.
Miners have already decided what they want to do, and now they are simply waiting for a sign. And they are about to get it.
The yellow metal’s pivot dreams could become a reality. But should it be celebrating the economic weakness?
That’s all, folks. Whatever “bullish news” for gold was likely to happen has likely already happened. And you know what happens next?
What a powerful bearish confirmation! Not only did our profits increase yesterday, but we got this precious gift, too!
Gold Price Analysis
While looser monetary policy may seem bullish in the short term, the medium-term ramifications could upend the yellow metal.
We got the silver signal, we saw the analogy to the previous low-CPI-number surprise, and now we have this.
Amid a Thanksgiving-induced market calm, this week saw the dollar stabilize and U.S. yields rise, hinting at only a temporary shift in market dynamics.