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Video: Updated Silver Price Analysis for May 2020 – Breakout to Pre-Crisis Levels

May 26, 2020 at 19:25 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his updated forecast for silver in May 2020. He starts the video by discussing the recent 50% bounce off the March lows, reasons behind it, as well as factors that will be affecting prices in the future. Next, he lists important support and resistance levels. David turns to charts then, showing the recent price moves and speculating where prices may go next. In the end, he decides to place an order to buy silver if prices dip, believing that the metal will ultimately go to the upside.

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