Why the Sky Is the Limit for Gold

Why the Sky Is the Limit for Gold

Fergus Hodgson, June 24, 2019

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Geopolitical tensions and the Fed’s recent announcement that it would cut interest rates in the near future have triggered a rally in gold prices.

Omar Ayales, chief trading strategist at GoldChartsRUs, discusses the pitfalls of short-term trading in precious metals and how to be disciplined about it.

He explains how, once gold breaks a psychological threshold price, a long-term bull market becomes a self-fulling prophecy.

Recorded on June 5, 2019.

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