Jim Wyckoff talks to Daniela Cambone of Kitco News about his take on gold futures reaching $1,300 as well as silver’s breach of the $20 mark.
“In gold, we’re seeing technical buying — we’re also seeing some safe-haven demand from geopolitical tensions, mainly Iraq,” Wyckoff says. “Right now, the gold market is embarking upon a price uptrend and the bulls do have momentum on their side.”
Silver is also up 9% from last week’s lows. Have Wyckoff’s market ratings for gold and silver gone up? Tune in now to find out and to hear his key support & resistance levels for the metals.