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Video: Updated Silver Price Analysis for January 2021 – Silver Gaining Momentum?

Summary:
In the present video, David Jones from Capital.com provides his updated forecast for silver in January 2021, trying to answer the question: has the white metal resumed its upward trend after the recent pullback? He starts the video by discussing the recent price moves, reasons for them, and explains what fundamentals will be affecting silver in the near future. Next, David lists the major support and resistance levels. He then turns to technical analysis, showing charts and technical indicators, attempting to predict the next move of silver. In the end, David decides the pullback was a good buying opportunity and purchases silver, placing his stop-loss at . 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

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In the present video, David Jones from Capital.com provides his updated forecast for silver in January 2021, trying to answer the question: has the white metal resumed its upward trend after the recent pullback? He starts the video by discussing the recent price moves, reasons for them, and explains what fundamentals will be affecting silver in the near future. Next, David lists the major support and resistance levels. He then turns to technical analysis, showing charts and technical indicators, attempting to predict the next move of silver. In the end, David decides the pullback was a good buying opportunity and purchases silver, placing his stop-loss at $23.

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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