US Dollar got smashed last night and a Fed IR cut is approx 80% for Sept, plus 1 in Nov or Dec. The second IR Cut is not baked into the cake so there could be some more movements favourable for a strong GP in the short to medium term.
A higher for longer GP, most Goldbugs are saying that this Gold Cycle will remain to 2026-2030.
Tailwinds coming together nicely for WWI.
This is not really my bag but if the GP can remain above $2400 today by 3pm, WWI should close out the week at 0.017 with healthy volumes, DYOR as WWI will be more attractive to lenders to start production at Qala.
(20min delay)