(25 MAY 2020)Silver spot ($) 16.7700 expected.

(25 MAY 2020)Silver spot ($) 16.7700 expected.

25 May 2020, 09:09
Jiming Huang
0
22

sl
Pivot
 (invalidation): 17.2400
Our preference
Short positions below 17.2400 with targets at 16.8900 & 16.7700 in extension.
Alternative scenario
Above 17.2400 look for further upside with 17.4000 & 17.5700 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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