OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Big dollar bounce

Posted by Buygold @ 8:23 on August 28, 2024  

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.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.