(27 November 2019)Silver spot ($) Intraday support around 16.9600.

(27 November 2019)Silver spot ($) Intraday support around 16.9600.

27 November 2019, 09:12
Jiming Huang
0
65

sl
Pivot
 (invalidation): 16.9600
Our preference
Long positions above 16.9600 with targets at 17.1100 & 17.1800 in extension.
Alternative scenario
Below 16.9600 look for further downside with 16.8800 & 16.7900 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)