🥇+$186 in gold. 🥈+$3.39 in silver. In one session. 💥
The Fed minutes were hawkish. The tape didn’t care.
Treasury buybacks just hijacked the entire metals market. 🏦
🧵
They increased long-dated buybacks. Yields cracked. The dollar cracked. Shorts covered.
📉 10Y toward 4.6%
📉 30Y toward 5.2%
That’s why gold went from “stuck” to $4,523 in hours.
🥇 Spot Gold: $4,521 (+4.33%)
🥈 Spot Silver: $66.55 (+5.29%)
Gold didn’t just break $4,500.
It ran through $4,448, then $4,480–$4,500 like it wasn’t there. 📈
🎯 Next fight: $4,630–$4,650
Win that → $4,700 and $4,778
Lose $4,500 → $4,450 is the first real test
Silver did even more damage.
Held the 50-DMA. Then $64, $65, $66 all disappeared. High $66.81. ⚡
🎯 $66.80 is the line
Break it → $71.77–$72
Fail $66.54 → $61.31 is back on the table
This was not a war premium.
Hormuz is still messy. Oil is still ~$85–$91.
Wednesday’s move was 100% rates and dollar. 💵
Fed: several officials wanted a hike in July. 9-3 vote to hold 3.50–3.75%. September odds now ~56%, down from 82%.
The minutes talked tough.
The bond market voted first.
🔔 Thursday: jobless claims + Philly Fed
🔔 Friday: flash PMIs
$4,500 and $66 are no longer resistance.
They’re the new battlefield.
Adding, fading, or waiting for the next data print? 👇
#Gold #Silver #XAUUSD #XAGUSD #Fed
TRADE $XAU / $XAG here👇
The Fed minutes were hawkish. The tape didn’t care.
Treasury buybacks just hijacked the entire metals market. 🏦
🧵
They increased long-dated buybacks. Yields cracked. The dollar cracked. Shorts covered.
📉 10Y toward 4.6%
📉 30Y toward 5.2%
That’s why gold went from “stuck” to $4,523 in hours.
🥇 Spot Gold: $4,521 (+4.33%)
🥈 Spot Silver: $66.55 (+5.29%)
Gold didn’t just break $4,500.
It ran through $4,448, then $4,480–$4,500 like it wasn’t there. 📈
🎯 Next fight: $4,630–$4,650
Win that → $4,700 and $4,778
Lose $4,500 → $4,450 is the first real test
Silver did even more damage.
Held the 50-DMA. Then $64, $65, $66 all disappeared. High $66.81. ⚡
🎯 $66.80 is the line
Break it → $71.77–$72
Fail $66.54 → $61.31 is back on the table
This was not a war premium.
Hormuz is still messy. Oil is still ~$85–$91.
Wednesday’s move was 100% rates and dollar. 💵
Fed: several officials wanted a hike in July. 9-3 vote to hold 3.50–3.75%. September odds now ~56%, down from 82%.
The minutes talked tough.
The bond market voted first.
🔔 Thursday: jobless claims + Philly Fed
🔔 Friday: flash PMIs
$4,500 and $66 are no longer resistance.
They’re the new battlefield.
Adding, fading, or waiting for the next data print? 👇
#Gold #Silver #XAUUSD #XAGUSD #Fed
TRADE $XAU / $XAG here👇