(23 January 2020)Silver spot ($) Consolidation.

(23 January 2020)Silver spot ($) Consolidation.

23 January 2020, 09:14
Jiming Huang
0
65

sl
Pivot
 (invalidation): 17.8500
Our preference
Short positions below 17.8500 with targets at 17.6600 & 17.6100 in extension.
Alternative scenario
Above 17.8500 look for further upside with 17.9100 & 17.9800 as targets.
Comment
As Long as 17.8500 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)