(22 JUNE 2018)Silver spot ($):Key resistance at 16.3800.

(22 JUNE 2018)Silver spot ($):Key resistance at 16.3800.

23 June 2018, 04:07
Jiming Huang
0
52

sl

Key resistance at 16.3800.

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 16.3800

Our preference

Short positions below 16.3800 with targets at 16.1700 & 16.1200 in extension.

Alternative scenario

Above 16.3800 look for further upside with 16.5500 & 16.6300 as targets.

Comment

Even though a continuation of the technical rebound cannot be ruled out, its extent should be

limited.

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