(18 December 2019)Silver spot ($) Intraday support around 16.9300.

(18 December 2019)Silver spot ($) Intraday support around 16.9300.

18 December 2019, 09:20
Jiming Huang
0
65

sl
Pivot
 (invalidation): 16.9300
Our preference
Long positions above 16.9300 with targets at 17.1100 & 17.2000 in extension.
Alternative scenario
Below 16.9300 look for further downside with 16.8500 & 16.7600 as targets.
Comment
A support base at 16.9300 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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