Gold Is On The Cusp Of A Breakout

By Chris Vermeulen of Technical Traders.com

Technical Trader, Market Forecaster, and Author • Sep 20, 2020 at 3:23 PM EDT

Gold is down from its summer high point of more than US$2,000 per ounce, but Chris Vermeulen of TheTechnicalTraders believes the pullback is healthy. In this video, he discusses a possible breakout in gold as he is interviewed by Charlotte McLeod.

00:15:08

Timestamps:

0:00 - Intro.
0:17 - US$2,200 possible for gold in the near term.
2:09 - Gold's price potential in the long term.
4:12 - Miners in first pause of a new bullish trend.
7:31 - A new price target for silver.
10:37 - Don't bet against the market yet.
12:10 - Election year trading patterns to watch.
14:40 - Outro.

Disclaimer:

This interview was filmed on September 15, 2020.

Disclosure:

If you want to know where the market is headed each day and week, well in advance then be sure to join my Pre-Market Video Forecasting service which is TheGoldAndOilGuy.com.

Our free research does not constitute a trade recommendation or solicitation for our readers to take any action regarding this research. It is provided for educational purposes only – read our FULL DISCLAIMER here. Visit www.thetechnicaltraders.com to learn how to take advantage of our members-only research and trading signals.