The Pod of Gold: Gold's bold move, but where to next?

In this episode Nicholas Frappell covers the gold’s all time high, price retreat and what targets to look for as the price settles.

Why the US data released later this week will determine the outlook going into 2024 and what the Taylor Rule says about the Federal Reserve Bank’s current rate settings.

Timestamps:

• 00:00 – Intro
• 00:55 – Gold hits a high
• 01:20 – What drove gold higher
• 04:25 – The data driving the gold price
• 06:02 – Gold managed money positioning
• 09:00 – Strong rotation into gold
• 10:42 – Gold's next price levels (P&F)
• 13:30 – Technical setup for gold
• 15:02 – Are rate cuts coming?
• 19:43 – Bullish on gold