Here We Go With The New Week

56
Mon, Apr 5, 2021 - 10:53am

The new week begins in the same manner as the old one ended...with Comex Digital Gold pressing up against its Bank-enforced trend arrow. And today is particularly frustrating given the movement down in the POSX.

But it's going to be a long week and, as you know, no trendline can be enforced forever. And there will be all sorts of news events and headlines along the way that may/should force the Bullion Wankers into retreat.

Today, brought the service sector PMIs and both surveys showed very hot "growth" and surging inflation expectations. But remember, CGP has promised...

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Key Economic Events Week of 4/19

4/22 8:30 ET Initial jobless claims
4/22 10:00 ET Existing home sales
4/22 10:00 ET LEI
4/23 9:45 ET April flash PMIs
4/23 10:00 ET New home sales

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