(20 March 2020)Silver spot ($) Look for 12.8700.

(20 March 2020)Silver spot ($) Look for 12.8700.

20 March 2020, 08:20
Jiming Huang
0
94

sl
Pivot
 (invalidation): 12.0700
Our preference
Long positions above 12.0700 with targets at 12.6000 & 12.8700 in extension.
Alternative scenario
Below 12.0700 look for further downside with 11.8000 & 11.6400 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)