$WTI Crude Oil - main 2605(CLmain)$ shows suppressed volatility. If oil stays above $90 for a sustained period, a 10-15% correction in the $S&P 500(SPY)$ becomes the base case. If it hits $120+, the selloff accelerates as the "Wealth Effect" reverses. Gold is not as attractive this time because of Trump’s market intervention. With the Fed staying "higher for longer," real yields get pushed up and temporarily choking gold's momentum. See if the oil reserves exhausted soon, the market will face a physical supply wall. If the strategic release ends before the U.S. and Iran set on ceasefire, then betting on oil is better than gold. Thanks
@Tiger_comments @TigerStars @DailyTradingInsights @Daily_Discussion @icycrystal @1PC Gold May Hit $4500? Would You Add or Expect More Selloff?
Gold was down 5% in two days, hitting $4600 - a six-week low. Silver falls into a "bear trap"? Leveraged ETF AGQ crashes.
Is the selloff offering a discount?
Would you add gold and silver?
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