These moves were likely either sooner or later, and the FOMC’s sorta kinda change of wording was just the accelerant needed.
Uncle Buck is taking a break…
…and EUR/USD is popping…
All you gold aficionados out there should realize that the miners were very likely to bounce as well, per a sentiment “puke analysis” we did last week in an NFTRH update.
If all goes well, there is a short-term upside target in play. That’s got to remain non-public. But what does not have to is the oft-expressed sentiment that we keep our heads screwed on straight and maintain perspective.
