Precious metals could test 2022 lows into July

Key Takeaways

  • Tuesday’s mild stabilization could be setting up for a minor bounce into/post FOMC
  • Gold and silver both likely to weaken down to 2022 lows as real rates rise
  • Ethereum’s weakness growing closer to intermediate-term support to buy  
SPX is now down ~10% just since the June 7th close after five consecutive days of selling.    This area lies just above 3700 heading into the FOMC decision, but I’m expecting this decline doesn’t play out ...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In