(28 October 2019)Silver spot ($) Consolidation in place.

(28 October 2019)Silver spot ($) Consolidation in place.

28 October 2019, 09:42
Jiming Huang
0
68

sl
Pivot
 (invalidation): 18.0900
Our preference
Short positions below 18.0900 with targets at 17.9200 & 17.8400 in extension.
Alternative scenario
Above 18.0900 look for further upside with 18.1900 & 18.3300 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.

(By Swissquote TRADING CENTRAL)