(04 MAY 2020)Silver spot ($) Consolidation.

(04 MAY 2020)Silver spot ($) Consolidation.

4 May 2020, 09:24
Jiming Huang
0
66

sl
Pivot
 (invalidation): 14.9900
Our preference
Short positions below 14.9900 with targets at 14.6800 & 14.5900 in extension.
Alternative scenario
Above 14.9900 look for further upside with 15.1500 & 15.3000 as targets.
Comment
As Long as 14.9900 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

Share it with friends: