My guess with the SM is with everything else going on including currency and lowering rates except Japan which might be good. For gold all around because before it seemed like the yen and gold were moving up together. That’s just TA alone though.
But all and all with everything else going on where else are they going to put their money. But !!! It helps if they can paint a optimistic picture because people can be reactive in what they perceive even more so than the reality or fundamentals.