(26 November 2020)Silver spot ($) Key resistance at 23.6400

Pivot
 (invalidation): 23.6400
Our preference
Short positions below 23.6400 with targets at 23.0700 & 22.9100 in extension.
Alternative scenario
Above 23.6400 look for further upside with 23.8700 & 24.1200 as targets.
Comment
The immediate trend remains down but the momentum is weak.

(By Swissquote TRADING CENTRAL)