Commodity Blog

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Video: Gold Price at 7 Year High! – Economy Hopes and Fears Impact Price

May 26, 2020 at 20:32 by Vladimir Vyun

In the present video, David Jones from discusses the recent rally of gold to the new 7-year high. He starts the video by explaining the reasons for the breakout. He follows then with a list of important support and resistance levels. Next, David shows charts and discusses the performance of gold in the past, both in the short and long term. In the end, he decides to place an order to buy the metal on a dip, anticipating it to continue moving higher later.

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