(07 January 2020)Silver spot ($) Key resistance at 18.1700.

(07 January 2020)Silver spot ($) Key resistance at 18.1700.

7 January 2020, 09:12
Jiming Huang
0
24

sl
Pivot
 (invalidation): 18.1700
Our preference
Short positions below 18.1700 with targets at 17.9300 & 17.8200 in extension.
Alternative scenario
Above 18.1700 look for further upside with 18.2700 & 18.3900 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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