To The Moon

Market regime review and the uncertainty of future directions Last week, Trump’s visit to China dominated most of the headlines, but after the lively atmosphere and optimistic expectations, it ultimately appears that no substantive outcomes were achieved. This led to a decline in most non-dominant risk assets in the latter part of the week, with both gold and silver signaling that the previous round of a corrective rebound has ended. However, as the summer rally approaches, whether a sustained performance can be achieved remains highly variable. Weak relative performance signals for precious metals and non-mainstream metals Silver posted a large upper shadow last week, with a intraday high near $90, but then retraced the gains over the next two trading days. The pace of the rebound is slow

Market regime review and the uncertainty of future directions Last week, Trump’s visit to China dominated most of the headlines, but after the lively atmosphere and optimistic expectations, it ultimately appears that no substantive outcomes were achieved. This led to a decline in most non-dominant risk assets in the latter part of the week, with both gold and silver signaling that the previous round of a corrective rebound has ended. However, as the summer rally approaches, whether a sustained performance can be achieved remains highly variable. Weak relative performance signals for precious metals and non-mainstream metals Silver posted a large upper shadow last week, with a intraday high near $90, but then retraced the gains over the next two trading days. The pace of the rebound is slow