Contributors Technical Analysis Silver Spot: Under Pressure

Silver Spot: Under Pressure

Pivot (invalidation): 17.7800

Our preference Short positions below 17.7800 with targets at 17.4400 & 17.2400 in extension.

Alternative scenario Above 17.7800 look for further upside with 17.9900 & 18.1000 as targets.

Comment A break below 17.4400 would trigger a drop towards 17.2400.

Previous articleGold Spot: Key Resistance At 1712.00
Next articleCrude Oil: Intraday Support Around 36.10
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