So, we’re in trouble this am. Trying to take gold below $2500. Silver getting smashed. Not sure this is a surprise, since silver was unable to take out $30.
We have the PCE coming out this week, and it will have to read rate cut friendly. Interesting rates are down a little today.
This could be a hit in front of softer numbers, or something worse I guess. Who knows?
Things will get sketchy with light volume.