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Video: Gold Price Analysis for December 2020 – Is Sell-Off Over for Gold?

Summary:
In the present video, David Jones from Capital.com provides his forecast for gold in December 2020. He starts the video by recapping the recent moves of gold, explaining the factors that drove the yellow metal down from the all-time high it had reached in August, and also talks about fundamentals that will be affecting bullion in the near future. Next, David lists the major support and resistance levels. He then looks at charts and technical indicators, trying to assess where prices may go next. In the end, David refrains from opening a position but decides to risk and place a buy order in case the prices move lower. If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using

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In the present video, David Jones from Capital.com provides his forecast for gold in December 2020. He starts the video by recapping the recent moves of gold, explaining the factors that drove the yellow metal down from the all-time high it had reached in August, and also talks about fundamentals that will be affecting bullion in the near future. Next, David lists the major support and resistance levels. He then looks at charts and technical indicators, trying to assess where prices may go next. In the end, David refrains from opening a position but decides to risk and place a buy order in case the prices move lower.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


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Vladimir Vyun
Vladimir is an online journalist with background in computer science and work experience in pension funds. He contributes news reports, fundamental analysis and sentiment forecasts to TopForexNews.com and CommodityBlog.com. His main specialization is the currencies of emerging economies and inter-market correlations with commodity and bond trading.

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