Market slows the bleeding. Gold rally on life support.
Saxo Market Call

Market slows the bleeding. Gold rally on life support.

2022-05-11
Slide deck: https://bit.ly/3N361bd   - Today we look at a pause in the equity market slide a day after the worst day for global equities in nearly two years, identify important resistance levels for the S&P 500, talk commodities from copper and gold (where the last gasp support has been tested) to natural gas and crude oil. We also highlight relative strength in the major currencies, the muted EURUSD countertrend price action, and run down the earnings and macro calendar for today. We continue to h...
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