Which Two Markets Is Jim Wyckoff Watching In 2015? | OUTLOOK 2015

Kitco News’ Outlook 2015 series continues with Jim Wyckoff and Technically Speaking. Before looking into the future, Wyckoff comments on gold’s movements during Wednesday’s Fed day as the market didn’t really understand the dovish tone on its first take. “I think the market then realized the tenor of the FOMC meeting – the statement and the press conference – definitely leaned toward the dovish side, and then you saw gold prices rally.” Looking into 2015, Wyckoff pegs two important markets to keep an eye on, and those are the crude oil market and the U.S. dollar index.