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Gold saw a dramatic move downward Sunday evening, with the yellow metal falling 5%. The price has recovered on Monday morning, but is still down from Friday’s close.
Chris Vermeulen, chief market strategist of InTheMoneyStocks.com, said that the bear trend is still intact and that prices could still head lower before a trend reversal takes place.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Chris Vermeulen on Twitter: @TheTechTraders (https://twitter.com/TheTechTraders)
0:00 – Gold’s price action
4:34 – Stocks
9:00 – Macroeconomic outlook
14:53 – Gold’s next price levels
19:27 – URLYstart
#gold #silver #stocks
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