(26 February 2020)Silver spot ($) Key resistance at 18.2200.

(26 February 2020)Silver spot ($) Key resistance at 18.2200.

26 February 2020, 09:04
Jiming Huang
0
63

sl
Pivot
 (invalidation): 18.2200
Our preference
Short positions below 18.2200 with targets at 17.8300 & 17.7100 in extension.
Alternative scenario
Above 18.2200 look for further upside with 18.3400 & 18.4600 as targets.
Comment
As Long as the resistance at 18.2200 is not surpassed, the risk of the break below 17.8300
remains high.

(By Swissquote TRADING CENTRAL)