Silver spot MT: consolidation.

Trading Central 2020-11-19 12:51:05

Pivot: 26.7500

Our preference: short positions below 26.7500 with targets at 21.6500 & 20.0000 in extension.

Alternative scenario: above 26.7500 look for further upside with 30.0000 & 33.0000 as targets.

Comment: as long as the resistance at 26.7500 is not surpassed, the risk of the break below 21.6500 remains high.

Supports and resistances:

33.0000 **

30.0000 ***

26.7500 ***

24.2100 Last

21.6500 ***

20.0000 ***

17.3000 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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