(05 JUNE 2020)Silver spot ($) Bullish bias above 17.5300.

(05 JUNE 2020)Silver spot ($) Bullish bias above 17.5300.

5 June 2020, 09:18
Jiming Huang
0
35

sl
Pivot
 (invalidation): 17.5300
Our preference
Long positions above 17.5300 with targets at 17.8500 & 17.9900 in extension.
Alternative scenario
Below 17.5300 look for further downside with 17.4400 & 17.3400 as targets.
Comment
A support base at 17.5300 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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