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Video: Gold in Middle of Week August 3-7, 2020

Summary:
In the present video, Phil Carr from The Gold and Silver Club talks about gold in the middle of the week of August 3–7, 2020. He starts the video by discussing the rally that has brought bullion to new record highs recently. Phil then speculates where prices may go next, reminding that August is historically a strong month for gold. In the end, he remains bullish on the metal but advises to wait for prices to break the ,000 barrier (which they have already done) to confirm that the upside momentum remains in place. 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 to

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In the present video, Phil Carr from The Gold and Silver Club talks about gold in the middle of the week of August 3–7, 2020. He starts the video by discussing the rally that has brought bullion to new record highs recently. Phil then speculates where prices may go next, reminding that August is historically a strong month for gold. In the end, he remains bullish on the metal but advises to wait for prices to break the $2,000 barrier (which they have already done) to confirm that the upside momentum remains in place.

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

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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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