A Strong Finish

What a fun week we've had!

121
Fri, Jul 24, 2020 - 10:52am

It has been a tremendous week in the Comex metals with all of our July goals being attained...and then some! We are poised to paint some magnificent green candles onto the weekly charts and the ongoing strength perhaps lends optimism toward even further gains in the days ahead.

Of course, there will be pullbacks. We've discussed this all week and, with persisting overbought conditions and so many potential negatives coming next week, we're likely to see some consolidation in the near future. However... and for a Friday ...it is sure fun to see more gains today and a Comex gold...

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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

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