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Gold is still in bear market, but where is the bottom? Chris Vermeulen on what you need to know

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Gold's cost pattern has placed in a base for now, yet there is no assurance that the pattern now has actually transformed definitively favorable, claimed Chris Vermeulen, chief market planner at.

" I assume gold's put in a base, it seems like it, the graphes look like it, however really, we're not validated that … the fad is currently up," Vermeulen informed David Lin, anchor for Kitco News.

0:00 – Gold price base
3:16 – Next crucial levels as well as potential gains
7:00 – Disadvantage threats
9:20 – Equity markets
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Gold is still in bear market, but where is the bottom? Chris Vermeulen on what you need to know

Gold’s price pattern has put in a bottom for now, but there is no certainty that the trend now has turned definitively bullish, said Chris Vermeulen, chief market strategist at https://TheTechnicalTraders.com.

“I think gold’s put in a bottom, it feels like it, the charts look like it, but really, we’re not confirmed that…the trend is now up,” Vermeulen told David Lin, anchor for Kitco News.


0:00 - Gold price bottom
3:16 - Next key levels and potential gains
7:00 - Downside risks
9:20 - Equity markets
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

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Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

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Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.