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Gold Price Analysis for January 2021 – Georgia Vote to Push Gold to $2,000?

Summary:
In the present video, David Jones from Capital.com provides his forecast for gold in January 2021. Gold has reached an all-time high back in the summer of 2020, pulled back since then but has started a recovery afterward. David tries to assess whether it is a good time to buy into the recovery. He starts the video by discussing the recent moves of prices, explains what factors were influencing them and what fundamentals will impact the yellow metal in the future. Next, David lists the major support and resistance levels. He then turns to charts, discussing them, and trying to guess where prices may go next. In the end, David decides to be a buyer, placing an order to buy on a pullback, hoping that the recovery will ultimately proceed afterward. If you found this video useful and want

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In the present video, David Jones from Capital.com provides his forecast for gold in January 2021. Gold has reached an all-time high back in the summer of 2020, pulled back since then but has started a recovery afterward. David tries to assess whether it is a good time to buy into the recovery. He starts the video by discussing the recent moves of prices, explains what factors were influencing them and what fundamentals will impact the yellow metal in the future. Next, David lists the major support and resistance levels. He then turns to charts, discussing them, and trying to guess where prices may go next. In the end, David decides to be a buyer, placing an order to buy on a pullback, hoping that the recovery will ultimately proceed afterward.

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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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