(17 January 2020)Silver spot ($) Key resistance at 18.0400.

Pivot
 (invalidation): 18.0400
Our preference
Short positions below 18.0400 with targets at 17.8500 & 17.7600 in extension.
Alternative scenario
Above 18.0400 look for further upside with 18.1200 & 18.2100 as targets.
Comment
As Long as 18.0400 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)