The bottom line is gold’s hawkish-Fedspeak-driven May pullback has likely mostly run its course. Top Fed officials have been talking tough on future rate hikes, but now they have to..
A super dove at the Fed speaks yesterday but ADP was super strong. The jobs report out this morning will be a market mover. How strong of a number will it be? Gold had a bounce..
Copper finding demand problems and price pressures from China. Gold under pressure too. JOLTS report out today. Next datasets will help to guide the Fed's next rate move.