Silver Spot Choppy

Pivot (invalidation): 16.9900

Our preference Short positions below 16.9900 with targets at 16.8700 & 16.8300 in extension.

Alternative scenario Above 16.9900 look for further upside with 17.0400 & 17.1100 as targets.

Comment As Long as 16.9900 is resistance, look for choppy price action with a bearish bias.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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