But it feels like the scum are using the US $ (and perhaps still trying to squeeze any remaining “shorts”), to create a more manageable “level” for Gold and Silver to take off from (in case Powell’s speech is interpreted to be dovish and percentages increase for a few cuts in interest rates).
For many years now, we’ve seen their playbook and how they work. Makes me think that “levels” are an important part of that playbook.
