Our ongoing rally in the Comex PMs continued today, though the advances are beginning to slow. Tomorrow is the final trading day of the month and with it will come some volatility. Can we hold on to these gains and then finish the week strong?
By no means was today a bad day. We survived the expiration of the Dec23 contracts with very little price damage. But after three days of a sharp rally in bonds, we may be due for a slight pullback and, if that happens, the POSX will rally and the PMs will sell off. How much? Let's see how the data at 8:30 ET tomorrow impacts things and...