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weazelboy

10/24/18 8:22 AM

#41961 RE: Rastignac #41959

Spot has now completely retraced yesterday's move...and currently sits on the 200 MA on the hourly. Silver is beginning the process of retracing now that Comex is involved. The resistance to allow these PMs to move is astonishing...truly the most hated asset class right now.

As for DXY, I'm not too sure what is giving it so much strength this week...unless it's all based on the Euro rumblings with Italy? Seems it's setting new NT highs with indicators seemingly rolling over (neg divergence).

ABX, GG, AEM earnings after bell...NEM before bell tomorrow. Will all impact GDX/NUGT trading today/tomorrow.