Contributors Technical Analysis Silver Spot Key Resistance At 16.9300

Silver Spot Key Resistance At 16.9300

Pivot (invalidation): 16.9300

Our preference Short positions below 16.9300 with targets at 16.7500 & 16.6500 in extension.

Alternative scenario Above 16.9300 look for further upside with 16.9900 & 17.0900 as targets.

Comment A break below 16.7500 would trigger a drop towards 16.6500.

Previous articleGold Spot Watch 1448.00
Next articleUSD/CHF Daily Outlook
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