(11 December 2020)Silver spot ($) Key resistance at 24.2800

(11 December 2020)Silver spot ($) Key resistance at 24.2800

11 December 2020, 11:53
Jiming Huang
0
71

sl
Pivot
 (invalidation): 24.2800
Our preference
Short positions below 24.2800 with targets at 23.7500 & 23.5600 in extension.
Alternative scenario
Above 24.2800 look for further upside with 24.4500 & 24.6700 as targets.
Comment
As Long as the resistance at 24.2800 is not surpassed, the risk of the break below 23.7500
remains high.

(By Swissquote TRADING CENTRAL)

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