Technician Chris Vermeulen is turning bearish on gold — warning it could drop as low as $3,100. In an interview on the MoneyLevelsShow, the Technical Traders founder walks through why rising Treasury yields keep pressure on metals, and why he sees the 10-year possibly reaching 8%.
He also covers silver's downside targets, the stronger dollar's squeeze on metals, and where he's positioned now. Watch the full discussion for the complete technical setup.
