Ira Epstein discusses a volatile day in the metal markets, particularly focusing on significant movements in gold and silver prices. He notes that both metals experienced a hard break, with gold seeing a substantial drop before partially recovering. Epstein highlights that despite the market fluctuations, gold remains in an uptrend with higher lows and highs, and is above key moving averages.
He also covers upcoming economic indicators, such as the S&P Global Group’s and ISM’s September service sector indices, and comments on the ongoing federal government negotiations, which are expected to influence market dynamics.
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