(06 February 2020)Silver spot ($) Key resistance at 17.7200.

Pivot
 (invalidation): 17.7200
Our preference
Short positions below 17.7200 with targets at 17.5200 & 17.4600 in extension.
Alternative scenario
Above 17.7200 look for further upside with 17.7800 & 17.8400 as targets.
Comment
The upward potential is likely to be limited by the resistance at 17.7200.

(By Swissquote TRADING CENTRAL)