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“All Gold is monetary Gold ”
Today
Discussion: There is More to This Gold Rally
Premium: ING
Analysis:
Silver Squeeze India
MSA Momentum Indicator likely to reassert now
This past week’s action finally took out that pristine momentum ceiling, declaring: “Not again!” (Our specified numbers were a weekly close at $3055 or an intraweek trade to $3085. Both were accomplished.)
Acceleration is likely starting. Meaning it’s not likely we’ll see the repeated pattern of several steps up followed by a step back that involves a frustrating pullback spanning two or more months.
Source: MSA 360 report
There is Much Much More to This Gold Rally…
Featured:
Data on Deck: NFP
MONDAY, MARCH 31 PMI prep
TUESDAY, APRIL 1 PMI
WEDNESDAY, APRIL 2 Factory orders
THURSDAY, APRIL 3 Services PMI
FRIDAY, APRIL 4 U.S. employment report March140,000, 4.1% Powell speaks1
Summary and Final Market Check