Four consecutive red weekly candles for gold. Six consecutive for silver. It’s time for a green week and, with the BLSBS being delayed until the 10th, we just might get it.
Of course, I’m the guy who thought last week might break the trend so, there’s that. But why would this week reverse the trend? A couple of reasons not the least of which is the simply awful sentiment that seems to permeate the entire sector, at present. But there are “fundamental” factors, too. Such as the bond market, where rates have risen so quickly over the past three weeks that they’re due for a breather…
