Trading Advantage's Bauer Expects Oil Rally to Stall

The video discusses the recent trends in oil and gold markets. Oil is experiencing a strong weekly gain, influenced by hedge fund bets and upcoming OPEC meetings. The potential for oil prices to stabilize or decrease is considered, especially if geopolitical tensions ease. Gold is also seeing a weekly gain, driven by geopolitical concerns and dollar weakness. However, with potential interest rate hikes, gold may face downward pressure unless geopolitical issues arise.

Discuss the potential impact of geopolitical concerns on gold prices as described in the text.

What are the implications of impending interest rate rises on gold and the dollar?