Cantonese Cat 🐱🐈(@cantonmeow):Copper/gold ratio broke through the weekly Ichimoku cloud and back-tested the cloud and the 0.618 fib, which is a very bullish event and a much necessary cool down. Traditionally, this is a signal for economic expansion and a more risk-on market to come, while people continue to have rate hike worries and are bullish on gold. The market ran up a lot in April with tons of people sidelined, only to have it doing nothing for the last 5 months, getting everyone chopped up and scared again. A single rate hike, which may not even happen, while inflation is ~3% is trivial compared to the crap that we had to deal with over the last 10 years.

2026.09.01 17:55

Copper/gold ratio broke through the weekly Ichimoku cloud and back-tested the cloud and the 0.618 fib, which is a very bullish event and a much necessary cool down. Traditionally, this is a signal for economic expansion and a more risk-on market to come, while people continue to have rate hike worries and are bullish on gold. The market ran up a lot in April with tons of people sidelined, only to have it doing nothing for the last 5 months, getting everyone chopped up and scared again. A single rate hike, which may not even happen, while inflation is ~3% is trivial compared to the crap that we had to deal with over the last 10 years.