Amazing how news events & charts come together at the perfect time.
Blow out jobs numbers for months, then all of a sudden we’re bombing people and the jobs report is a yuge miss, providing gold just what it needed, right when it needed it.
Ladies & gentlemen…..we have a breakout!
One surprise in all of this so far…….the USDJPY is shockingly resilient. Holding the low 110.30-40 area (so far) which won’t be helpful for PMs
hit resistance and that’s all for the day. Maybe nudder surprise for the Koreans?? Was only an airport that got blown up so excitement should peter out soon.