(18 MAY 2020)Silver spot ($) The upside prevails.

(18 MAY 2020)Silver spot ($) The upside prevails.

18 May 2020, 09:05
Jiming Huang
0
82

sl
Pivot
 (invalidation): 16.8000
Our preference
Long positions above 16.8000 with targets at 17.3000 & 17.6000 in extension.
Alternative scenario
Below 16.8000 look for further downside with 16.5000 & 16.3000 as targets.
Comment
The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)

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