Stocks And Precious Metals Charts - Pause, Kind Of - Non-Farm Payrolls On Friday
Stocks rolled over a bit at the end of the day, after responding positively to the indication without explicitly saying that the Fed is probably done raising rates for this cycle. Kind of, a little bit.
The wise guys were appalled that Jay would not say 'rate cuts' or even 'I love you.'But he does.
Gold and silver waffled around and then took off higher.
Gold in particular is facing a key level dead ahead at 2060 on the continuous futures charts.
Non-Farm Payrolls on Friday. A strong print may cast a pall on today's happy thoughts.
Rinse always follows wash.
Have a pleasant evening.
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