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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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