Silver has dropped below key support $18.2 and we therefore have changed our view to neutral despite believe there is significant upside potential for the precious metal. We believe that Silver prices have underperformed due to Gold being the preferred safe haven in the wake of the coronavirus crisis but still feel Silver due to it's volatile nature could spike and outperform Gold in the coming weeks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.