(22 MAY 2020)Silver spot ($) Under pressure.

(22 MAY 2020)Silver spot ($) Under pressure.

22 May 2020, 13:44
Jiming Huang
0
43

SL
Pivot
 (invalidation): 17.1300
Our preference
Short positions below 17.1300 with targets at 16.5000 & 16.3000 in extension.
Alternative scenario
Above 17.1300 look for further upside with 17.2900 & 17.4000 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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