RE:Today That was an orchestrated Trade by more than a couple insestiual peeps I'm thinking.
Of course gold would pull back after the fact.
Now we wait for powells speech, his tone moving forward and so on.
Im predicting another .5 point cut before year end of 2024.
We won't even see the effects of rates cuts until 2026.
Now we have astronomical credit card debt.
Buying opportunities are 2.50-2.60 if you're lucky
I'm expecting gold to be over 2500$ very soon.
Lets pay attention to Powells rationing upcoming