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Video: Gold as of June 11, 2019

June 11, 2019 at 15:07 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club discusses gold as of June 11, 2019. He starts the video with discussing fundamentals that were affecting the metal during the past week. Phil then moves to the weekly chart of gold, talking about important levels for the commodity. In particular, the $1,320 level, which previously was providing strong resistance, now looks to be a major support level. The video concludes with explanation of potentially significant events for bullion in the future, most important of them being next week’s Federal Reserve meeting, and price levels that traders should watch.

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