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Video: Weekly Commodity Forecast – Gold, Silver, Crude Oil for 7–11 October 2019

Summary:
In the present video, Phil Carr from The Gold and Silver Club talks about gold, silver, and crude oil for the week of October 7–11, 2019. He starts the video by discussing the factors that were helping gold recently in its role of a safe haven. Phil also mentions that hedge funds and money managers cut their long positions on gold, silver, and crude oil last week. He continues the video by showing charts of the commodities, explaining what factors will be affecting price moves, and speculates how the commodities may perform this week. Additionally, Phil warns about trading too actively on Monday as prices often reverse their movement on Tuesday. If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic,

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In the present video, Phil Carr from The Gold and Silver Club talks about gold, silver, and crude oil for the week of October 7–11, 2019. He starts the video by discussing the factors that were helping gold recently in its role of a safe haven. Phil also mentions that hedge funds and money managers cut their long positions on gold, silver, and crude oil last week. He continues the video by showing charts of the commodities, explaining what factors will be affecting price moves, and speculates how the commodities may perform this week. Additionally, Phil warns about trading too actively on Monday as prices often reverse their movement on Tuesday.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


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Vladimir Vyun
Vladimir is an online journalist with background in computer science and work experience in pension funds. He contributes news reports, fundamental analysis and sentiment forecasts to TopForexNews.com and CommodityBlog.com. His main specialization is the currencies of emerging economies and inter-market correlations with commodity and bond trading.

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