Breakout time…
Author: BMR
A message of hope on this Resurrection Sunday…
The Venture is well-positioned for a near-term move higher given the pullback in the greenback…
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Equity markets are closed on this Good Friday, but this morning’s release of a very weak U.S. jobs report for March likely puts a Fed rate hike off the table for at least 6 more months and should extend the corrective phase in the greenback – positive for both Gold and the Venture…
Tomorrow’s U.S. jobs report has the potential of driving the Dollar Index into a deeper correction…
Historical trading shows how weakness in March often reverses in April for Gold, so bullion’s $20 move to the upside this morning is no April Fool’s joke…plus, the importance of tracing and explaining a geophysical anomaly…