Time To Take Your Precious Metal And Energy Profits Off The Table

Chart, Trading, Courses, Forex, Analysis

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Energy stocks have been on a tear recently. Gold, silver, and other metal shares have had an impressive run, too. Their rise has been particularly impressive because the rally has defied the long odds imposed by rising bond yields. But that’s all in some doubt now.

These markets find themselves in a fairly precarious position thanks to a collapsing dollar. If that fall continues, it’ll lead to higher prices. Besides, the price action of energy and metals shares looks mighty extended right now. The government is teeing up some key inflation data for release this week, and if traders don’t like what they see, these bellwether commodities could start falling fast. So, time to take profits - here’s what to do…

Video Length: 00:20:08


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