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Video: Silver Price Analysis May 2020 – Dollar Weakness to Push Silver Up?

April 30, 2020 at 17:46 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his forecast for silver in May 2020. He starts the video with a discussion of the recent strong rebound of silver prices, factors behind it, and factors that can affect the metal going forward. Next, he lists support and resistance levels. David then looks at charts of the commodity and discusses price actions. With silver trading sideways in a tight range, David does not see a reason to open a new position and prefers instead to place an order to buy the metal in case of a strong upside breakout.

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