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 12/11

12/12 8:30 ET CPI and Core CPI
12/12 2:00 ET US federal budget
12/13 8:30 ET PPI and Core PPI
12/13 2:00 ET FOMC Fedlines
12/13 2:30 ET Jerry's presser
12/14 8:30 ET Retail Sales
12/14 10:00 ET Business Inventories
12/15 8:30 ET Empire Fed
12/15 9:15 ET Cap Ute and Ind Prod

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