Contributors Technical Analysis Silver Spot 16.7200 Expected

Silver Spot 16.7200 Expected

Pivot (invalidation): 17.0400

Our preference Short positions below 17.0400 with targets at 16.8100 & 16.7200 in extension.

Alternative scenario Above 17.0400 look for further upside with 17.1100 & 17.1700 as targets.

Comment The RSI is bearish and calls for further decline.

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