Loading ...Looks like more of the same this am with our pm’s down a bit, even though the USD is down a bit, and 10 yr. up a bip just below 4%. Call us flat going into the SM open.
I’d almost like to see gold drop just below $1800 and recover. Not sure that’s in the cards but only $10 puts us below.
Charts are all oversold. Even AGI has an RSI of 36, and it has hardly fallen below the $10 mark. I bought some on the pullback on Friday and am looking to increase my position. It is by far the strongest stock I have, even with the correction.
Biggest eco data point is the jobs report on Friday. Hard to believe we’ve got another report already and a month has gone by. The strong report in February sort of got us heading down hill, maybe a weak report will help support our metals. Waiting for the quick move down and recovery.