(16 December 2020)Silver spot ($) Further advance.

(16 December 2020)Silver spot ($) Further advance.

16 December 2020, 11:54
Jiming Huang
0
89

sk
Pivot
 (invalidation): 24.4200
Our preference
Long positions above 24.4200 with targets at 24.8600 & 25.0200 in extension.
Alternative scenario
Below 24.4200 look for further downside with 24.2800 & 24.1500 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)