Ira Epstein discusses the volatile movements in the metal markets, particularly focusing on gold and silver, which experienced significant fluctuations, with gold rising $19 before crashing. He highlights the broader market dynamics, noting attempts to disrupt the stock market and shifts in bond yields. Epstein also touches on the stability of foreign currencies against the dollar, despite the dollar’s rally. He mentions upcoming economic indicators, such as the University of Michigan’s Consumer Sentiment Index, and geopolitical tensions involving Israel and Hamas. Epstein advises caution in trading due to the potential for violent market swings and emphasizes the importance of market trends and support levels in gold.
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