Gold Can Hold Above $2,000 Amid Debt Ceiling Drama

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S&P 500 refused to decline below strong 4,115 support, and market breadth nuances together with crypto indicate that the buyers are to build on Friday‘s intraday reversal, and push through 4,136 into 4,149 at least. It‘s that value, semiconductors, financials and Russell 2000 held up relatively well during the second half of Friday‘s session. If accompanied by HYG at least keeping pace (which is questionable on Monday), the buyers can push through 4,154. Fresh attack on 4,115 wouldn‘t be mounted easily in spite of the many signs portending it, Monday‘s Empire State manufacturing would likely f…

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