Video: Subtle Bullish Catalysts for Gold
The subtle bullish catalysts for Gold revolve around what look to be potential peaks in the 10-year yield, real yields as well as a continued decline in the Oil price.
Continued declines in the 10-year yield and Oil would reflect declining inflation expectations and are potentially recessionary.
Gold is inversely correlated to real yields so a peak in the real 10-year yield obviously is bullish for Gold.