Gold Hits 4-Week Low, Expect Turbulence For Stocks: Wyckoff | Kitco News

Jim Wyckoff is back on Kitco News to share his thoughts on gold’s recent choppy and sideways trading. “This morning we did see gold drop to a 4-week low and the bears have regained a slight near-term technical advantage,” he says. “Technically, the market has weakened a bit but there’s still enough safe-haven buying interest that is keeping the sellers at least a bit pensive.” Wyckoff also comments on the U.S. stock markets reaching record highs and says he expects turbulence ahead. Tune in now to hear his market ratings and key levels for gold & silver. Kitco News, July 24, 2014.