Fall’s relief rally is transitioning to end-of-year seasonality as recession and a liquidity crisis combine with Fedspeak.
Despite the extended consolidation and a downward hiccup after the Robbin-da-Hood paper silver-squeeze mob, gold and silver remain in a bullish uptrend.
The Fed's September FOMC meeting will launch their monetary policy fed-speak this afternoon beginning at 2pm EST and Jay Powell goes live at 2:30pm. No drastic change in policy is expected as interest rates are slated to remain in ZIRP/NIRP land until at least 2023, the (COVID19 / SARSCoV2) pandemic is steering FOMC decisions, and … Continue reading Gold and Silver Chart Exclusive for Precious Hour Subscribers – Technical Analysis
The big show has begun, so stay on your toes and take advantage of any dips.