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

Looks like a pause today

Posted by Buygold @ 8:03 on October 23, 2024  

How big of a pause is unclear. Gold is flat, silver down $.35. Seems pretty minor at the moment considering the move we had in silver.

Dollar up a little, bonds down, 10 yr. 4.23%, oil down, Bitcoin down, SM is weak. The Yen carry trade has definitely rewound itself and the dollar’s proxy UUP  is sitting at the breakout point, but pretty overbought with an RSI over 75. It’s at least a 5 year high, that’s as far back as I can see. In a land of useless fiat, I’m not sure it matters all that much.

Shares are flat or down a little.

No eco data today that should move markets in any big way.

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