McCullough: Gold Is Bullish Trend

01/23/18 06:38AM EST

https://youtu.be/tP1-wsDjws8

The relationship between gold and interest rates has come “unglued” in the short term, according to Hedgeye CEO Keith McCullough. 

"Gold is bullish from a trend perspective--it still has to hold above $1,305," McCullough says. “What gold really has is a big inverse correlation to the U.S. dollar,” he explains in the excerpt above from The Macro Show.

Watch the video above for a full explanation.

McCullough: Gold Is Bullish Trend - early look

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