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Video: UPDATE Gold Chart Analysis for March 2020 – Not a Safe Haven Anymore

March 17, 2020 at 13:01 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his updated forecast for gold in March 2020. He starts the video by talking about the recent crash of gold prices from the 7-year high to the three-month low. David points out that it looks like bullion does not behave like a safe haven anymore. He then lists important support and resistance levels. Next, the video shows charts of the commodity, suggesting targets for both long and short positions. Ultimately, David decides to risk and set up a long position in hopes of a rebound.

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