Metals Edge - Tuesday, April 5

gold and black metal tool

Photo by Jingming Pan on Unsplash

Phillip Streible, Chief Market Strategist of Blue Line Futures, presents Metals Edge!

Platinum & Palladium sold off today, caused by a headline pushing up the electric car mandate deadline. Phil dives into the correlations of metals.

$1890-$1910 is a big support level for June Gold. $24.55 is a big support level for Silver.

The Russell 2000 is portraying a bearish chart, while the S&P 's ATR is telling of an upcoming fall if support breaks. (Tightening policy, slower growth, and disinflation)

Phil completes the presentation with a breakdown of Economic Data!

Video Length: 00:15:07


 

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