Tuesday , May 26 2020
Home / Commodity Blog / Video: Gold and Silver Forecast for April 6, 2020

Video: Gold and Silver Forecast for April 6, 2020

Summary:
In this video, Chris from DailyForex provides his forecast for gold and silver on April 6, 2020. While he expects trading to remain extremely choppy, Chris is bullish on both metals. He argues that the negative risk sentiment and loose monetary policy across the world can bring gold above the ,700 level, with a breakout above that level being a possibility at the longer term. As for silver, he speculates that it may rise to . While a dip to  or  is also possible, Chris considers that to be a buying opportunity. 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. © Commodity Inspector for Commodity Blog, 2020. | Permalink | No comment | Add

Topics:
Vladimir Vyun considers the following as important: , ,

This could be interesting, too:

Marc Chandler writes Breakouts Mostly Averted, so Far

Andrew Moran writes Gold Rises on US-China Tensions, Posts Weekly Loss

Andrew Moran writes Gold Plunges 1% on Stock Market Rally, COVID-19 Vaccine Candidate

Vladimir Vyun writes Video: Weekly Commodity Forecast – Gold, Silver, Platinum. Crude Oil for May 18-22, 2020

In this video, Chris from DailyForex provides his forecast for gold and silver on April 6, 2020. While he expects trading to remain extremely choppy, Chris is bullish on both metals. He argues that the negative risk sentiment and loose monetary policy across the world can bring gold above the $1,700 level, with a breakout above that level being a possibility at the longer term. As for silver, he speculates that it may rise to $17. While a dip to $13 or $14 is also possible, Chris considers that to be a buying opportunity.

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.


Commodity Blog, 2020. | Permalink | No comment | Add to

Better Feed from Ozh

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.

Leave a Reply

Your email address will not be published. Required fields are marked *