Could Gold Breakdown After Fed Hike?
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Why gold may not have the rally many are expecting if we don’t see a correction lower first heading into the Fed rate hiking cycle.
A discussion about 3 potential paths forward for the precious metals based on whether:
- Gold has one more capitulated move down prior to the rate hikes, versus
- gold continuing to channel sideways into the rate hikes, or if
- gold could sustain an upwards trajectory and break out higher in the event inflation readings keep coming in hotter than anticipated.
Video Length: 00:14:03
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