
(05 October 2020)Silver spot ($) Consolidation in place.
5 October 2020, 09:17

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Pivot
(invalidation): 24.2000
Our preference
Short positions below 24.2000 with targets at 23.6600 & 23.4500 in extension.
Alternative scenario
Above 24.2000 look for further upside with 24.4000 & 24.6000 as targets.
Comment
As Long as 24.2000 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)