BESSENT WARNS FED PROBE CREATES MARKET RISK
Treasury Secretary Scott Bessent told President Trump that the investigation into Fed Chair Jerome Powell has “made a mess” and could hurt financial markets, sources say. His concerns appeared justified as the dollar fell and bond yields and gold rose amid fears of political interference.
The probe, launched without Treasury or White House coordination, is unprecedented and has prompted Powell to publicly deny wrongdoing. Sources say the investigation may also complicate plans for Powell’s replacement, as it has hardened his resolve to stay until his term ends in May.
MAs tight and ready to run
Nice PA tight and ready to run
Silver could have a giga breakout
ID before breakout for the swing position
Would like to see some more volume but...
$PAAS is ready to run
Target $30.50
Bullish RSI divergence in play, the followthrough is weak tho
cant say im supremely confident altough if the stock market rallies we could see some catchup action here.
All the MAs are clustering here and it would be bullish to reclaim all of them
Watching 86k for continuation
11:56 hit $68.50 resistance to the penny and rejected hard. This resistance has become very important going forward. Likely to chop back up to resistance from here or go to $65.50 which would be a buy
Buy @ $65.50
We are in megaphone land, failed to hold $486 at open, but trying to make a HL, IT rounded bottom to keep bulls alive, more weakness mainly from tech today
$565 resistance, $559 minor support
watch PA $SPY $ES_F
Bulls are gapping us up and the next resistance is the 200MA @ 5783, and moderate range low @ 5805. The D RSI oversold bounce is underway and the last times this has happened it had some power. I expect more bears to panic cover. Trim into the 5783 and reevaluate
Some profit taking and weak hand activity, found support, and is now tightening up and looks ready for another leg up.
evaluate PA for further buys or sells
watch $3048 for continuation $GC $GLD
Inside day, very bullish, lowest volume since the last inside day that continued very well.
Macro backdrop is still amazing
Watching R Multiples and for signs of selling
Otherwise, comfy hold! $GC $GLD