Gold’s Rally May Have Run its Course (for now!)
Gold’s Rally May Have Run its Course (for now!)
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets following a wild week of inflation data with the #CPI and #PPI hitting the markets in both directions. Jim explains “Supercore” inflation, and how that is altering Jerome Powell’s decisions at the FOMC.
Jim also discusses the Fed Funds rate vs the S&P and the SPX and NYSE high/low indicator.
Jim gives his Elliott View and technical updates on the US Dollar, TLT, 10yr yields, S&P and the Gold rally!
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #Fed #FOMC
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JWelsh@SmartPortfolios.com
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