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Video: Weekly Commodity Forecast – Gold, Platinum, Silver, Crude Oil for July 13-17, 2020

July 13, 2020 at 8:02 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about gold, platinum, silver, and crude oil for the week of July 13–17, 2020. He starts the video by a mention that hedge funds and money managers increased their net long positions last week. Next, Phil turns his attention towards charts, trying to predict where the commodities may go next. Precious metals look bullish but Phil warns that there is a danger of a pullback in the second half of July as the metals are often weak in this period of a year. Meanwhile, crude oil is range-bound.

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