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Silver Squeeze Goes Global

Market Rundown | There is More to This Gold Rally
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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


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