Good Morning

It's always interesting to see if the post-FOMC price trend can continue through the overnight and into the following Thursday...and today, it has. This now sets us up for a compelling Friday and weekly close. We'll discuss that today but there are other items to cover, as well.

Let's start with this current 5-minute chart of CDG. Check how price was stable and fine...until...the Comex opened and then it was immediately worked/slammed lower. However, be sure to note how quickly that dip was bought. This is a very positive sign. It's not as simple as this but think of it this way...

About the Author

tfmetalsreport [at] gmail [dot] com ()

57 Comments on Good Morning

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 5/20

5/20 9:00 ET Goon Waller
5/20 10:30 ET Goon Jefferson
5/21 9:00 ET Goon Waller again
5/21 11:45 ET Vice Goon Barr
5/22 10:00 ET Existing home sales
5/22 2:00 ET May FOMC minutes
5/23 8:30 ET Jobless claims
5/23 9:45 ET Flash PMIs for May
5/23 10:00 ET New home sales
5/23 3:00 ET Goon Bostic
5/24 8:30 ET Durable Goods
5/24 9:35 ET Goon Waller again
5/24 10:00 ET Umich final

Recent Comments

Forum Discussion

by Titus Andronicus, May 17, 2024 - 3:54pm
by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am
by Wade Case, Mar 22, 2024 - 9:00pm
by Wade Case, Mar 22, 2024 - 8:24pm