(04 February 2020)Silver spot ($) Key resistance at 17.8200.

Pivot
 (invalidation): 17.8200
Our preference
Short positions below 17.8200 with targets at 17.5700 & 17.5100 in extension.
Alternative scenario
Above 17.8200 look for further upside with 17.9100 & 18.0000 as targets.
Comment
As Long as the resistance at 17.8200 is not surpassed, the risk of the break below 17.5700
remains high.

(By Swissquote TRADING CENTRAL)