(09 JUNE 2020)Silver spot ($) Bullish bias above 17.4400.

Pivot
 (invalidation): 17.4400
Our preference
Long positions above 17.4400 with targets at 17.7600 & 17.8500 in extension.
Alternative scenario
Below 17.4400 look for further downside with 17.3400 & 17.2000 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)