All eyes are on the Federal Open Market Committee this week, which is expected to shed light on policy after its two day meeting, set to run from July 27 to July 28. Gareth Soloway, chief market strategist at InTheMoneyStocks.com, said he'll be paying close attention to what the central bank says. He also discussed a bullish pattern he sees forming in gold and what it would take to trigger it, and shared his thoughts on why silver hasn't been able to push through the US$30 per ounce mark.
0:00 - Intro0:19 - What to expect from the FOMC meeting3:28 - Gold investors should think long term6:00 - Gareth explains confirmation signals8:14 - Bitcoin update, thoughts on Amazon news11:52 - What's holding the silver price back?15:43 - Other near-term opportunities19:28 - Outro
Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks.