Gold price forecast video 01/21/20
I think pullbacks should be seen as buying opportunities, especially near the $ 1550 level, the $ 1525 level, and most certainly the $ 1500 level. Alternatively, it would of course be a very bullish sign if we took a break over the top of Thursday’s shooting star. I have no interest in selling gold short. I think loose monetary policy will continue to attract precious metals traders in general worldwide. Gold is of course the first place many traders will look around, but it has a certain “nudge effect” in other markets like silver. Unless nothing changes fundamentally, I have no interest in closing the gold market as it looks like it is ready to have a very good year.
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