(19 MAY 2020)Silver spot ($) Consolidation in place.

(19 MAY 2020)Silver spot ($) Consolidation in place.

19 May 2020, 08:59
Jiming Huang
0
80

sl
Pivot
 (invalidation): 17.2600
Our preference
Short positions below 17.2600 with targets at 16.7800 & 16.5000 in extension.
Alternative scenario
Above 17.2600 look for further upside with 17.5600 & 17.8500 as targets.
Comment
As Long as 17.2600 is resistance, look for choppy price action with a bearish bia

(By Swissquote TRADING CENTRAL)

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