I note that major events in Eurodollar futures coincide with major breakouts in Gold.
If the Fed cuts tomorrow, and they continue to express further dovishness, and the market deems it sufficiently dovish, this chart should find support at the 50ma, and by correlation could result in another big leg up in Gold.
If the Fed cuts tomorrow, and they continue to express further dovishness, and the market deems it sufficiently dovish, this chart should find support at the 50ma, and by correlation could result in another big leg up in Gold.