PCE was buy the rumor sell the fact [Video]
|TradeGateHub Live Trading noted that the PCE move was a classic “buy the rumor, sell the fact.” The Dollar needs to consolidate its impressive gains, with a DXY target still set at 1.02. For equities, the SPX correction appears locked in below 6580, which could open the way toward 6200. Meanwhile, Coach maintains the view that Gold is in the process of topping, and crypto markets caved as previously forecasted.
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