Is gold on the verge of a near-term correction? [Video]

Phil Carr The Gold & Silver Club

Gold has been on an incredible bull-run throughout 2020, with the precious metal soaring over 19% so far this year – significantly outperforming all other major asset classes.

After surging to fresh nine-year highs this month, gold is now moving sideways within a tight range. This ultimately indicates a big move is on the horizon. The only question now, is which way.

Some of the major market-moving events this week that could determine gold’s next big move include: Corporate Earnings, Central Bank Meetings and China’s Q2 GDP figures.

Where are prices heading next? Watch The Gold & Silver Club Commodity Report now with Phil Carr for the latest price forecasts and predictions:

Author

Phil Carr

The Gold & Silver Club

Phil is the co-founder and Head of Trading at The Gold & Silver Club, an international Commodities Trading Firm specializing in Metals, Energies and Soft Commodities.

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