In the present video, Phil Carr from The Gold and Silver Club talks about gold as of July 16, 2019. The video starts with recounting of gold’s performance last week. It continues then with an explanation of possible moves of the commodity and advice to traders on how to react to them. The video also talks about fundamental factors that will be affecting bullion. While the Federal Reserve monetary policy meeting at the end of the month should have a huge impact on the market, this week trading will likely be range-bound. The video concludes with answers to questions of the viewers, such as when it is better to buy and sell gold.
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