Gold Futures: Double Bottom or a Flight to Safety?

It used to be that when the Fed announces stimulus, gold would rise. Five weeks ago, the Fed announced it would taper; gold has climbed for five weeks. So where exactly is gold going? Watch as Bloomberg’s Olivia Sterns and Bloomberg Tradebook’s Greg Bender put gold futures in focus.

Gold Futures: Double Bottom or a Flight to Safety?

It used to be that when the Fed announces stimulus, gold would rise. Five weeks ago, the Fed announced it would taper; gold has climbed for five weeks. So where exactly is gold going?

Watch as Bloomberg’s Olivia Sterns and Bloomberg Tradebook’s Greg Bender put gold futures in focus.

[youtube height=”326″ width=”580″]http://www.youtube.com/watch?v=kcjGfhpRM8A[/youtube]
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