Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: Gold and Silver Forecast for April 6, 2020

April 5, 2020 at 21:27 by Vladimir Vyun

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.

Leave a Reply