Counter trend recoveries due in Gold and Silver [Video]

Trading focuses on the potential for counter-trend recoveries in Gold and Silver, as Coach emphasizes that no market moves in a straight line without periodic rebounds. He outlines a scenario in which Gold could rally back toward $4,400 and Silver toward $70 before the broader trend resumes. Coach also sees room for the S&P 500 to recover toward the 7,400–7,500 area. Despite the possibility of short-term pullbacks, he remains bullish on the U.S. Dollar and views any retracement toward the 99.50 level in DXY as a buying opportunity. In fixed income markets, Coach believes the 10-Year Treasury yield could pull back toward 4.35% before making another push higher, potentially moving above the 5% level.