Barring some miracle close for NEM, they’ll paint their bearish chart.
Hoping this pullback doesn’t get too nasty in the pm sector.
The dollar is on fire and silver has lost its mojo in the last couple of days. Can’t really trust a post Fed .25 rate cut rally because that’s baked into the cake unless it’s accompanied by some really dovish language.
Not sure how we resume a rally unless the USD reverses course and rates start to come down again. Seems to me the rest of the world is content to attack our economy by letting dollar strength destroy exports.