(17 MAY 2019)Silver spot ($):14.3700 expected.

(17 MAY 2019)Silver spot ($):14.3700 expected.

17 May 2019, 10:40
Jiming Huang
0
14

sl

Pivot (invalidation): 14.6300

Our preference

Short positions below 14.6300 with targets at 14.4300 & 14.3700 in extension.

Alternative scenario

Above 14.6300 look for further upside with 14.7400 & 14.8100 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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