(05 February 2020)Silver spot ($) Key resistance at 17.6800.

Pivot
 (invalidation): 17.6800
Our preference
Short positions below 17.6800 with targets at 17.5000 & 17.4100 in extension.
Alternative scenario
Above 17.6800 look for further upside with 17.7500 & 17.8200 as targets.
Comment
As Long as the resistance at 17.6800 is not surpassed, the risk of the break below 17.5000
remains high.

(By Swissquote TRADING CENTRAL)