Contributors Technical Analysis Silver Spot Supported By A Rising Trend Line

Silver Spot Supported By A Rising Trend Line

Pivot (invalidation): 15.3400

Our preference Long positions above 15.3400 with targets at 15.5200 & 15.6000 in extension.

Alternative scenario Below 15.3400 look for further downside with 15.2800 & 15.1900 as targets.

Comment The RSI lacks downward momentum

Previous articleGold Spot Towards 1312.50
Next articleCrude Oil The Bias Remains Bullish
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version