Commodity Blog

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

Archives

Video: Gold Price Analysis for November 2020 – Will Gold Rebound in November?

October 30, 2020 at 14:12 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his forecast for gold in November 2020. He shows how choppy the commodity was trading after the rally to the all-time high in August and explains the reasons for this. He then shows important support and resistance levels. Next, David turns to charts, trying to guess where prices may go next. While he remains a bull in the longer term, he refrained from participating in the market, for now, preferring to wait until the uncertainty surrounding the US presidential election goes away and gold shows more strength.

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

required
required  

Navigation

Menu