Gold has benefited significantly - hitting its highest in two years this month - as central banks from Europe to Japan opt to keep policy looser for longer, which neutralizes the opportunity cost of holding an asset that does not pay interest. The U.S. Federal Reserve might wait until the fourth quarter before raising interest rates, probably in December after the presidential election. Janet Yellen is scheduled to speak at the Jackson Hole Symposium tomorrow and her comments will most likely spark volatility in gold and the dollar and provide some clues ahead of the Federal Reserve meeting in September. In this webinar we will look at how to play the gold market in this environment and what to expect over the next 30 days. We will try to build a trading channel to determine the tops and bottom ranges for gold and where to find profit opportunities.
Barry Norman The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.