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Gold’s price pattern has put in a bottom for now, but there is no certainty that the trend now has turned definitively bullish, said Chris Vermeulen, chief market strategist at TheTechnicalTraders.com.
“I think gold’s put in a bottom, it feels like it, the charts look like it, but really, we’re not confirmed that…the trend is now up,” Vermeulen told David Lin, anchor for Kitco News.
0:00 – Gold price bottom
3:16 – Next key levels and potential gains
7:00 – Downside risks
9:20 – Equity markets
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The Good, The Bad, And The Municipal Bond Market
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