
(16 October 2019)Silver spot ($) Key resistance at 17.5000.
16 October 2019, 09:19

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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.