(08 JUNE 2020)Silver spot ($) Key resistance at 17.5900.

(08 JUNE 2020)Silver spot ($) Key resistance at 17.5900.

8 June 2020, 08:56
Jiming Huang
0
90

sl
Pivot
 (invalidation): 17.5900
Our preference
Short positions below 17.5900 with targets at 17.3400 & 17.2000 in extension.
Alternative scenario
Above 17.5900 look for further upside with 17.7500 & 17.8500 as targets.
Comment
As Long as 17.5900 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)