Silver spot ST: key resistance at 25.7000.

Trading Central 2020-11-19 12:52:07

Pivot: 25.7000

Our preference: short positions below 25.7000 with targets at 22.5500 & 21.6500 in extension.

Alternative scenario: above 25.7000 look for further upside with 26.7500 & 28.3000 as targets.

Comment: as long as the resistance at 25.7000 is not surpassed, the risk of the break below 22.5500 remains high.

Supports and resistances:

28.3000 **

26.7500 ***

25.7000 ***

24.2000 Last

22.5500 ***

21.6500 ***

20.5500 **

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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