(17 JUNE 2020)Silver spot ($) Under pressure.

(17 JUNE 2020)Silver spot ($) Under pressure.

17 June 2020, 09:18
Jiming Huang
0
98

sl
Pivot
 (invalidation): 17.5600
Our preference
Short positions below 17.5600 with targets at 17.2600 & 17.0700 in extension.
Alternative scenario
Above 17.5600 look for further upside with 17.7500 & 17.9300 as targets.
Comment
As Long as the resistance at 17.5600 is not surpassed, the risk of the break below 17.2600
remains high.

(By Swissquote TRADING CENTRAL)