Contributors Technical Analysis Silver Spot: Expect 17.0000

Silver Spot: Expect 17.0000

Pivot (invalidation): 17.7200

Our preference Short positions below 17.7200 with targets at 17.2000 & 17.0000 in extension.

Alternative scenario Above 17.7200 look for further upside with 17.8600 & 17.9600 as targets.

Comment The RSI is bearish and calls for further downside.

Previous articleGold Spot: Consolidation In Place
Next articleCrude Oil: Key Resistance At 36.25
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