Just a quick update on the Fed: No change in rates, but now there is a bit more hawkish view of rates, with three members wanting to raise rates sooner rather than later. That puts a December rate hike on the table at much higher odds.
Gold and silver are bouncing, but remain well below resistance, with gold having trouble at the $1,330-$1,340 level.
I expect the bounce to run out of steam as early as tomorrow.
Hold all positions and related stops.
Best,
Larry
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