Higher all-time highs overnight are clearly justified by ongoing outside market assistance.
In addition to a multiweek low in US treasury yields, the gold and silver bulls were presented with a downside extension in the dollar to the lowest levels since the middle of January!
In retrospect, outside market forces for gold this week became entrenched in favor of the bull camp with a distinct pattern of US slowing evidence, a slightly dovish US Fed takeaway, and increased expectations for a June rate cut from the ECB...[MORE]
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