Silver spot Intraday: key resistance at 24.2900.

Trading Central 2020-11-20 20:32:05

Pivot: 24.2900

Our preference: short positions below 24.2900 with targets at 23.8800 & 23.6200 in extension.

Alternative scenario: above 24.2900 look for further upside with 24.4000 & 24.5500 as targets.

Comment: as long as the resistance at 24.2900 is not surpassed, the risk of the break below 23.8800 remains high.

Supports and resistances:

24.5500

24.4000

24.2900

24.1240 Last

23.8800

23.6200

23.5500

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.

6 Reasons To Open An Account

Multi-language 24/7 professional support

Fast, convenient fund and withdrawals

Free demo account $10,000

International recognition

Real-time quotes with push notification

Professional market analysis broadcast