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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Lows As Pullback Continues
Gold tests new lows despite falling Treasury yields and weaker dollar as traders remain bearish. The yield of 2-year Treasuries pulled back below the 4.13% level as traders reacted to the strong pullback in the oil markets. Oil prices are down by 3% despite Trump’s recent comment on Iran. Trump said that Iranians shot down an Apache helicopter, which was patrolling over the Strait of Hormuz. He noted that two pilots were safe and uninjured and added that the U.S. “must, of necessity, respond to this attack”. Interestingly, traders do not believe that Iran’s actions will destroy the potential deal between the ... (full story)
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From @FirstSquawk|4 hr ago|14 commentsUS VP VANCE SAYS IRAN DEAL COULD ARRIVE WITHIN A WEEK OR TAKE MONTHS, BUT WILL DEFINITELY BE REACHED BEFORE MIDTERMS.
From @AJENews|5 hr ago|3 commentsBREAKING: Iran's Deputy FM says country did not deliberately target US helicopter LIVE updates: pic.twitter.com/NgGJDMB3Jd
From advisorperspectives.com|5 hr ago|6 commentsThe $31 trillion Treasury market has an unequivocal message for Kevin Warsh’s Federal Reserve: Interest rates aren’t high enough. Yields on policy-sensitive US two-year notes have ...
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From kitco.com|3 hr agoWhile most investors have been focused on gold’s recent breakdown, there has been a broad-based sell-off in the precious metals complex, with platinum group metals feeling the ...
From @CENTCOM|3 hr ago|42 commentsU.S. Central Command (CENTCOM) forces began launching self-defense strikes against Iran, at 5 p.m. ET today at the Commander in Chief’s direction, in response to yesterday’s downing of a U.S. Army Apache helicopter. The mission is a proportional response to unjustified Iranian… US MILITARY: STRIKES IN RESPONSE TO YESTERDAY'S DOWNING OF A U.S. ARMY APACHE HELICOPTER
From @DeItaone|3 hr ago|21 commentsTRUMP SAYS RESPONSE TO IRAN IS ‘VERY STRONG, VERY POWERFUL’: ABC
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- Jun 9, 3:29pm | 4 hr ago Posted byTechnical Analysis53
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