(12 MAY 2020)Silver spot ($) Consolidation in place.

(12 MAY 2020)Silver spot ($) Consolidation in place.

12 May 2020, 13:41
Jiming Huang
0
66

sl
Pivot
 (invalidation): 15.5200
Our preference
Short positions below 15.5200 with targets at 15.3100 & 15.1900 in extension.
Alternative scenario
Above 15.5200 look for further upside with 15.6200 & 15.7600 as targets.
Comment
As Long as 15.5200 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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