I didn’t think this was really that bad of a day considering the strength of the bounce in the USD. Could have been a lot worse. At least they appear to be working in tandem?
Wouldn’t surprise me if we get smashed again in the morning, but if we recover throughout the day I would think that would be pretty positive.
eeos mentioned $17.35 silver as a fighting point, I’d guess they’ll also try to get gold below $1200 to instill some fear, hope they don’t but it would be no real surprise if they do.
Might be a Trump slam in the SM following inauguration, who knows? Real question is how gold will react.
All of course, JMHO