and on gold specifically - chart wise we had a breakout thursday - followed by a retest of the trendline last night - which is standard behaviour in a breakout
So to this point the ingredients for a bull move in PMs are acting as I;d expect - the delay in PM inflation response being now long enough to wrongfoot many retail punters and disconnect whatever happens now from a direct inflation-link in retail minds
and if you think that vicious selldown wick ~3 weeks ago happened by accident - I would beg to differ
