(16 JUNE 2020)Silver spot ($) Rebound expected.

(16 JUNE 2020)Silver spot ($) Rebound expected.

16 June 2020, 09:19
Jiming Huang
0
89

sl
Pivot
 (invalidation): 17.1800
Our preference
Long positions above 17.1800 with targets at 17.5500 & 17.7500 in extension.
Alternative scenario
Below 17.1800 look for further downside with 17.0300 & 16.9300 as targets.
Comment
The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL)