Every Bull Market Is Born From A Short Covering Rally

The Gold Futures price has had three straight weeks of selloffs. Should traders compare gold to the 2-year yield, and what is gold's relationship to the U.S. Dollar? Phil Streible was on the TD Network and talked about ETF outflows, the resilience of U.S. equities, and a lack of a sustained bullish catalyst are what is driving the metals commodities today. Gold's key level of support is around the $1,900 level.


More By This Author:

Ag Insights: June Acreage Report
Value In European Semis
Why Semiconductors & AI Are Setting The Tone For The Stock Market
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.