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Video: Weekly Commodity Forecast – Gold, Silver, Crude Oil for 5–9 August 2019

August 5, 2019 at 12:48 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club provides an outlook for gold, silver, and crude oil for the week of August 5–9, 2019. He starts the video by discussing the recent moves of the commodities. Phil also mentions the fact that hedge funds and money managers increased their long positions on gold and silver last week but trimmed their long positions on crude oil. He proceeds then with a discussion of charts, pointing out key levels and speculating how the commodities will behave this week.

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