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

November 26, 2020 at 10:57 by Vladimir Vyun

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.

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