(18 JUNE 2020)Silver spot ($) Bullish bias above 17.3100.

(18 JUNE 2020)Silver spot ($) Bullish bias above 17.3100.

18 June 2020, 09:26
Jiming Huang
0
74

sl
Pivot
 (invalidation): 17.3100
Our preference
Long positions above 17.3100 with targets at 17.6000 & 17.7500 in extension.
Alternative scenario
Below 17.3100 look for further downside with 17.1400 & 16.9300 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)