Phillip Streible expects oil to break below $60 into the mid-$50s, but notes that China is building up oil reserves on its path to total electrification. On crypto, he says traders are looking for any momentum plays to the upside; for Bitcoin, he thinks $116K-$118K is where it should consolidate. He thinks gold can sustain its rally, naming three price drivers he sees, but says it will eventually hit “terminal rate.”
Market On Close
12 Sep 2025
SHARE