Author: Jeff Clark, Jeff Clark Trader

Folks should be careful chasing the price of gold higher in the current environment.

Traders should be looking for higher oil prices in the days and weeks ahead.

The current setup is the best we’ve seen since the King of Cryptocurrencies peaked in April.

From a risk/reward perspective, buying gold stocks right here doesn’t offer much reward.

In short, traders will likely have a better opportunity to buy stocks in the days ahead than they do right now.