|Day Low/High||0.75 / 0.80|
|52 Wk Low/High||0.13 / 0.85|
I believe we'll see a higher level of defensiveness, and that will benefit precious metals.
Precious metals are down slightly, but the technical action looks promising.
It's probably premature to say a major rotation is happening, but the action feels like safe-haven buying.
It looks like traders are trying to exploit a clear pattern rather than developing big-picture views.