War News Not for the Time Being Driving Down Metals

War News Not for the Time Being Driving Down Metals

Ira Epstein covers the current state of the metal markets, noting a slight pullback in metals after an update, while energy markets experienced a significant drop. He discusses the Federal Reserve’s new task force, highlighting the inclusion of business leaders like an ex-head of Walmart, which could influence economic perspectives. Epstein also mentions Boeing’s anticipated FAA certification for the 737 MAX 7, which could positively impact the company. In the gold market, he points out a bullish pattern with higher lows and highs but stresses the importance of surpassing key moving averages to confirm a trend change. Additionally, he analyzes the gold-silver ratio and silver’s similar bullish pattern, while emphasizing the importance of copper’s key trading levels.

 

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