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Video: Silver Price Analysis for June 2020 – More Upside After 25% Rally in May?

June 5, 2020 at 10:03 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his forecast for silver in June 2020. He starts the video by discussing the recent impressive rally of silver when the metal demonstrated last month the biggest percentage monthly gain in a decade. David also talks about factors behind the rally and factors that will be affecting the metal going forward. Next, he lists important support and resistance levels. He then turns to charts, trying to assess where prices may go next. In the end, David decides to place a buy order if the price pulls back, wanting to buy the commodity cheaper and betting on a drop being just a correction before the upward movement resumes.

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