Can gold price make a return now after FOMC, trader talks

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Shared November 20, 2019

Gold prices remain unchanged Wednesday following the release of the FOMC minutes from the October meeting, but the long-term trajectory for the yellow metal is still constructive, said Todd Horwitz, chief strategist of BubbaTrading.com.

“Over time, gold’s going to go much higher, but in the near-term here, I don’t think there’s anything that’s going to change the direction of where gold’s headed. To me, it’s chopping around here and it will go higher, but it may go lower first,” Horwitz told Kitco News.

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