Gold at key technical juncture, Fed rate rise odds jump - Tip TV

Listen to Alessio Rastani from LeadingTrader.com and Presenter Zak Mir discuss the possible reasons for a spike in the Fed June rate hike bets and what it means for the market.

Rastani talks about potential for a rebound in gold from the key rising trend line support.

Check out the full segment for Elliot Wave analysis of S&P 500 and Twitter stock.

Key quotes

S&P 500 could continue to rally if we get two consecutive closes above 2420

US dollar is at the make or break level, at an inflection point. Rastani is bullish on the US dollar

Looking to short GBP/USD in the range of 1.307-1.3141

gold#Fed#interest rate#central banks#commodities#precious metals#markets#trading#investing#macro#fundamentals#forex#currencies#stocks#equities#indices