All July Goals Met

With a week to spare!

125
Thu, Jul 23, 2020 - 10:01am

Back in mid-June, we began to lay out the forecast of a "strong July" with goals of $41-42 HUI, $20.00-20.50 Comex silver and $1880 Comex gold. After an early morning surge to CDG $1888, I'm happy to report that all those goals have now been met.

Does this mean that we're now all doomed? Of course not. If we continue to rally in August, I can assure you that no one will be happier than yours truly. However, there were reasons to expect the rally in July and there are reasons to expect a consolidation in August. So let's see what happens.

And why was $1880 the target in...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

125 Comments on All July Goals Met

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 6/7

6/8 8:30 ET US trade deficit
6/8 10:00 ET JOLTS job openings
6/9 10:00 ET Wholesale Inventories
6/10 8:30 ET Consumer Price Index (CPI)
6/10 2:00 ET US Federal Budget
6/11 10:00 ET Consumer Sentiment