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In this video, Ira Epstein covers the current state of the metals market, noting that while gold has slightly underperformed compared to silver, the spreads are hovering around the 18-day average of closes. He advises caution, suggesting that traders should consider taking profits given the recent strong performance in metals.

Epstein also touches on the complexities in the energy market, particularly the potential impact of U.S. tariffs on Russian resources and the EU's dependency on Russian liquid natural gas. Additionally, he highlights upcoming economic reports, including the National Federation of Independent Business optimism index and retail sales data, and emphasizes the importance of being prepared to take profits in a volatile market environment.

Video Length: 00:08:22

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