(11 November 2019)Silver spot ($) Bullish bias above 16.7500.

(11 November 2019)Silver spot ($) Bullish bias above 16.7500.

11 November 2019, 09:18
Jiming Huang
0
30

sl
Pivot
 (invalidation): 16.7500
Our preference
Long positions above 16.7500 with targets at 16.9800 & 17.0900 in extension.
Alternative scenario
Below 16.7500 look for further downside with 16.6600 & 16.5900 as targets.
Comment
A support base at 16.7500 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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