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.”
Precious Metals Summit 2019The 9th Annual Beaver Creek Summit will take place for three and a half days, starting Tuesday September 10, 2019 and concluding Friday, September 13, 2019.Precious Metals Summit offers the premier event that brings together the community of institutional investors, sell-side representatives and corporate executives from senior precious metals companies to meet and network with some of the most prospective producers, explorers and developers from around the globe.
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