(26 October 2020)Silver spot ($) Key resistance at 24.5500.

Pivot
 (invalidation): 24.5500
Our preference
Short positions below 24.5500 with targets at 24.1600 & 23.9100 in extension.
Alternative scenario
Above 24.5500 look for further upside with 24.7400 & 24.8500 as targets.
Comment
As Long as the resistance at 24.5500 is not surpassed, the risk of the break below 24.1600
remains high.

(By Swissquote TRADING CENTRAL)