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Gold’s next uber rally is near, needs to hold $1,450 – Chen Lin
The China-U.S. trade war could be the key to another gold price “explosion”, says Chen Lin, founder of ChenPicks.com.
“If gold can hold up above $1,450 [an ounce] to $1,480, this could be, if we look at the charts, a good base for the next leg-up,” Lin told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek. “If you look at the calendar, this thing could explode in the next few weeks.”
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