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News Failure (guest: Jason Shapiro)

The Market Huddle

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Gold Futures: The Failure of a Snapback Rally

Chase: Oil broke to 2023 highs, but crude oil definitely turned. He says we're in an environment where interest rates are pressing and the dollar is working its way back higher. Charts just look like shit for gold; it doesn't seem like the right conditions," he says. "I actually generally am bullish on it, but I think you have to wait for a dip to buy"

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