Chart Damage.

arriba-Aug-28-2023-07-44-02-1118-PM 

Chart Damage.

Dear Investor. 

The fed comments continue to express a hawkish bias.

 Precious metals remain sensitive to all statements that suggest higher rates for longer...this will continue to change as more data becomes available.

Chart damage has been inflicted over the last couple of trading sessions. In the U.S., Monday is a holiday, which might add to the bearish sentiment.

 
IMG will keep you informed of any major developments.

Short-term: Headlines are your buying opportunities.

Long-term: Fundamentals are your guide.

Much success to all.  

 

Depository relations:

London - Singapore - United States

Canada - Australia - China - Switzerland

Brinks - IDS - Loomis - The Perth Mint

info@intlmetals.com

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