Yesterday, the U.S. bond market and surging oil prices sparked renewed market concerns. The probability of a rate hike in September has risen to 72%. The impact of rate hikes is persistent, so it’s something to keep an eye on. Everyone’s watching tonight’s CPI data. If the data comes in strong again, I’m afraid Walsh might not be able to withstand the pressure and will have to hike rates. From a technical perspective, as long as 762 isn’t broken, I’m still holding onto high-level longs. If it breaks, I’ll look to re-enter longs around the 73-72K range. Gold is still looking at support starting with 42 for consideration. Keeping the expectation that Walsh will hold rates steady— as long as profits remain stable, the market will regain its strength! bitcoin:native ethereum:0x68749665ff8d2d112fa859aa293f07a622782f38