(22 AUGUST 2019)Silver spot ($) Caution.

(22 AUGUST 2019)Silver spot ($) Caution.

22 August 2019, 09:23
Jiming Huang
0
44

SL
Pivot
 (invalidation): 17.0500
Our preference
Long positions above 17.0500 with targets at 17.1500 & 17.2000 in extension.
Alternative scenario
Below 17.0500 look for further downside with 16.9800 & 16.9300 as targets.
Comment
A support base at 17.0500 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

Share it with friends: