Gold market will turn when this happens

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Gold market will turn when this happens

I have written about the importance of a bear market, recession, and Fed shift for a Gold bull market. But today, I want to be more precise.Markets anticipate the near future and slowly discount it as it becomes a probability and later a certainty.

Concerning the stock market, every cycle is different, but the move from hikes to cuts because of a recession is very bearish, which is super bullish for precious metals. The yield curve began to steepen in the spring with the multiple bank failures, but the Fed was able to paper over that, and the economy has avoided recession for now.How quickly the yield curve steepens depends on the health of the economy. The closer we are to a recession, and the faster it hits means, the closer the yield curve is to steepening and Gold starting its breakout move.

 

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