Will Gold's Upward Trajectory Continue?

Gold futures have risen significantly due to global economic concerns and market volatility. Phil Streible from Rjo Futures discusses the strong performance of gold, silver, and the volatility index. He highlights the technical aspects of gold's price movement, noting key levels and potential targets. The discussion also covers market sentiment, with a focus on the imbalance between bullish and bearish bets, and the impact of geopolitical events like the UK's potential exit from the EU. Additionally, the risks associated with banking sector instability are addressed.

What is the significance of the UK's potential exit from the European Union in the context of gold futures?

What potential issues does Phil mention that could affect the banking sector?