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Video: Silver Price Analysis for January 2021 – Silver Price to Skyrocket in January?

Summary:
In the present video, David Jones from Capital.com provides his forecast for silver in January 2021. He starts the video by talking about the recent rally of silver, which resulted in a 20% gain since the end of November to the highest level since September. David explains the reasons for the rally and talks about factors that will influence the metal in the future. Next, he lists the major support and resistance levels. He then turns to charts, discussing price moves, and trying to assess where prices may go next. In the end, David decides to place a buy order to purchase silver on a pullback, hoping that prices will continue to rally afterward, perhaps reaching as high as . If you found this video useful and want to see more videos like this one or if you want to see a commodity

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In the present video, David Jones from Capital.com provides his forecast for silver in January 2021. He starts the video by talking about the recent rally of silver, which resulted in a 20% gain since the end of November to the highest level since September. David explains the reasons for the rally and talks about factors that will influence the metal in the future. Next, he lists the major support and resistance levels. He then turns to charts, discussing price moves, and trying to assess where prices may go next. In the end, David decides to place a buy order to purchase silver on a pullback, hoping that prices will continue to rally afterward, perhaps reaching as high as $30.

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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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