Silver spot Intraday: choppy.

Trading Central 2020-11-19 04:41:06

Pivot: 24.7000

Our preference: short positions below 24.7000 with targets at 24.1800 & 23.9600 in extension.

Alternative scenario: above 24.7000 look for further upside with 24.8300 & 25.0000 as targets.

Comment: as long as 24.7000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

25.0000

24.8300

24.7000

24.3500 Last

24.1800

23.9600

23.7600

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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