Gold Looks for Fourth Day of Gains

The video discusses the gold market's performance, highlighting a 20% rise in 2016 due to market uncertainty. Joe Kusik from Koostik Advisors analyzes resistance levels and investor behavior, noting increased Chinese holdings and BlackRock's pullback. He emphasizes the impact of technical and fundamental factors, including global uncertainty and central bank policies. Kusik predicts potential volatility and a correction in gold prices, advising caution. The discussion also touches on the dollar's strength and its influence on gold.

Discuss the implications of the dollar's strength on the gold market.

What resistance level is identified for gold, and what does it suggest about future market movements?