(22 October 2020)Silver spot ($) Key resistance at 25.0700.

Pivot
 (invalidation): 25.0700
Our preference
Short positions below 25.0700 with targets at 24.5600 & 24.3300 in extension.
Alternative scenario
Above 25.0700 look for further upside with 25.2800 & 25.4500 as targets.
Comment
As Long as the resistance at 25.0700 is not surpassed, the risk of the break below 24.5600
remains high.

(By Swissquote TRADING CENTRAL)