(16 October 2019)Silver spot ($) Key resistance at 17.5000.

Pivot
 (invalidation): 17.5000
Our preference
Short positions below 17.5000 with targets at 17.3200 & 17.2500 in extension.
Alternative scenario
Above 17.5000 look for further upside with 17.5900 & 17.6800 as targets.
Comment
The upward potential is likely to be limited by the resistance at 17.5000.