Gold rally possible to $4,680 [Video]
Coach examines the potential for a significant rally in gold, with a longer-term target of $4,680, as continued weakness in the U.S. dollar provides support for precious metals. He discusses why the current move may represent another bear market rally and outlines the broader market implications. Coach also highlights the possibility of a reversal week in major stock indices, which could lead to a 5–10% pullback, while reviewing the bond market outlook. With yields moving lower, he explains why the 10-year Treasury yield could decline toward 4.30% before resuming its longer-term advance above 5%.

Author

Dale J Pinkert
Independent Analyst
Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.
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