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Video: Silver Price Analysis for December 2020 – Is Silver Price About to Rebound?

Summary:
In the present video, David Jones from Capital.com provides his forecast for silver in November 2020. He starts the video by discussing the surge to the 7-year high in August and the subsequent pullback of about 30%. He explains the reasons for such sharp moves and discusses factors that will be affecting the metal in the future. Next, David lists the major support and resistance levels. He then turns to charts and technical indicators, trying to assess where prices may go next. In the end, David decides that it is still better to be a buyer, therefore he keeps his existing long position. If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below. © Commodity

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In the present video, David Jones from Capital.com provides his forecast for silver in November 2020. He starts the video by discussing the surge to the 7-year high in August and the subsequent pullback of about 30%. He explains the reasons for such sharp moves and discusses factors that will be affecting the metal in the future. Next, David lists the major support and resistance levels. He then turns to charts and technical indicators, trying to assess where prices may go next. In the end, David decides that it is still better to be a buyer, therefore he keeps his existing long position.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


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Vladimir Vyun
Vladimir is an online journalist with background in computer science and work experience in pension funds. He contributes news reports, fundamental analysis and sentiment forecasts to TopForexNews.com and CommodityBlog.com. His main specialization is the currencies of emerging economies and inter-market correlations with commodity and bond trading.

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