Unless we see clear signs of de-dollarization in the oil sector or de-escalation in Iran tensions, #Gold is destined to collapse further. Main drivers: strong NFP + declining unemployment pushing rates → stronger USD and rising yields.
Se non arriveranno chiari segnali di de-dollarizzazione nel comparto oil o di distensione sulle tensioni in Iran, il #Gold è destinato a collassare ancora. Driver principali: NFP forti+disoccupazione in calo spingono tassi alti più a lungo=dollaro forte e yields in su.
Last time one ounce of Silver was able to buy one barrel of crude oil was in 1980
A bounce in crude oil is very likely
#Silver#CrudeOil#CommodityTrading
Summary: US inventories +7M barrels vs. expected -2.8M: +9.8M surprise! WTI & Brent likely to drop -3%/-5% on 7/9/25, with -1%/-2% gap down. Crash (>10%) unlikely, depends on EIA & geopolitics. Bearish sentiment. #Oil#Markets#Crudeoil