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