(08 October 2020)Silver spot ($) Intraday support around 23.5000.

(08 October 2020)Silver spot ($) Intraday support around 23.5000.

8 October 2020, 08:59
Jiming Huang
0
63

s;
Pivot
 (invalidation): 23.5000
Our preference
Long positions above 23.5000 with targets at 23.9700 & 24.1800 in extension.
Alternative scenario
Below 23.5000 look for further downside with 23.3300 & 23.0400 as targets.
Comment
The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)


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