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Video: Updated Gold Chart Analysis for 2020 – Can Gold Provide Crisis Cover?

Summary:
In the present video, David Jones from Capital.com provides an updated longer-term forecast for gold in 2020. He starts by discussing the recent performance of the metal, the reasons behind it, and factors that will be affecting the commodity in the coming months. Next, he lists important support and resistance levels. David then shows gold charts and speculates whether prices will continue their move up. In the end, he places an order to buy gold if it indeed continues to move higher. While it is unlikely that the metal will reach ,000 in the near future, things look bullish for gold overall. 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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In the present video, David Jones from Capital.com provides an updated longer-term forecast for gold in 2020. He starts by discussing the recent performance of the metal, the reasons behind it, and factors that will be affecting the commodity in the coming months. Next, he lists important support and resistance levels. David then shows gold charts and speculates whether prices will continue their move up. In the end, he places an order to buy gold if it indeed continues to move higher. While it is unlikely that the metal will reach $2,000 in the near future, things look bullish for gold overall.

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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