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Video: Gold Price Chart Analysis for March 2020 – Bounce After Sell-Off?

March 6, 2020 at 16:59 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his forecast for gold in March 2020. He starts the video by discussing the recent volatile moves of prices and speculates about reasons for them. He then lists important support and resistance levels. Next, David discusses charts of the metal, speculates where prices may go in the future, and sets up a new position. As for this week’s emergency interest rate cut by the Federal Reserve, David commented that the video was “obviously recorded before that emergency rate cut, but the medium term view still stands and we could always see another pullback after today’s jump”.

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