Contributors Technical Analysis Silver Spot Key Resistance At 16.9600

Silver Spot Key Resistance At 16.9600

Pivot (invalidation): 16.9600

Our preference Short positions below 16.9600 with targets at 16.8500 & 16.7900 in extension.

Alternative scenario Above 16.9600 look for further upside with 17.0300 & 17.1000 as targets.

Comment The RSI advocates for further downside.

Previous articleGold Spot Target 1460.50
Next articleCrude Oil The Upside Prevails
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