Could Today Be The Day?

Comex gold is on an eight day losing streak, the worst such streak since 2015. Yuck. But, so far today, prices are flat so could today be the day for a green candle? Maybe.

And it's a rather quiet, pre-BLSBS day today. The only data was the latest weekly jobless claims and the latest US trade deficit numbers. Both were pretty tame and in line with expectations....

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Key Economic Events Week of 5/12

5/12 10:25 ET Goon Kugler
5/12 2:00 ET Monthly Treasury Stmt
5/13 8:30 ET CPI and Core CPI
5/14 9:10 ET Goon Jefferson
5/15 8:30 ET Retail Sales
5/15 8:30 ET PPI and Core PPI
5/15 8:30 ET Philly Fed
5/15 8:30 ET Empire Fed
5/15 8:40 ET Chief Goon Powell
5/15 9:15 ET Cap Ute & Ind Prod
5/15 2:05 ET Goon Barr
5/16 8:30 ET Import prices
5/16 8:30 ET Housing starts
5/16 10:00 ET Prelim UMich May
5/16 4:00 ET NYSE option expiry

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