Bloomberg Market Wrap 6/26: S&P500, Real Estate, Gold

The video provides an analysis of the S&P 500, highlighting its range between 2600 and 2834, and the ongoing battle between Bulls and Bears influenced by trade fears and macro factors. It discusses the real estate market's recent underperformance due to rising bond yields and suggests that investors might be taking profits. The video also updates on the gold market, noting a retreat from a six-year high and the impact of Fed rate cut expectations, with gold still trading above $1400 an ounce.

What does the RSI indicate about the current state of gold trading?

What implications does the text suggest regarding the future trend of gold?