Stocks And Precious Metals Charts - Wolves In Sheep's Clothing

Stocks were in risk on mode today, rallying for much of the day, squeezing the shorts who had taken defensive positions ahead of Donald's pronouncements on tariffs.

person using MacBook Pro on table

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Stocks were in risk on mode today, rallying for much of the day, squeezing the shorts who had taken defensive positions ahead of Donald's pronouncements on tariffs.

I was shorting it with some increasing energy as the day wore on.  It was a joke.

The Dollar slid off the 104 handle.

VIX fell back a little.

Gold and silver rallied.

As a reminder there will be a Non-Farm Payrolls report on Friday.

I have made some major changes to the chart formations on the gold futures daily charts.  You can look at them for yourself as they are simple and straightforward.

Have a pleasant evening.


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