The event coming up is the CPI data. How will the market react with a stronger or weaker CPI? We have two CPI reports coming before the next FOMC meeting. Then there is the jobs market...
One of the great challenges of trading is overcoming our natural immediacy bias. When we formulate opinions on anything, we all tend to weight recent events more highly.
There has been a chance in psychology, and they can come and go. Gold under pressure with support at $1,861 area the next support, oversold. Will it fall further?
“This drill program has given us a better understanding of the oxide and transitional ore blocks in the targeted bottom of the open pit that can be processed using our existing heap leach pad and recovery plant”
Investors don’t need to exercise caution because gold is both the ultimate currency and ultimate asset; all price sales are gifts and over time all fiat has an interesting history of… going to zero.
