HomeContributorsTechnical AnalysisSilver Spot: Further Upside

Silver Spot: Further Upside

Pivot (invalidation): 24.5800

Our preference Long positions above 24.5800 with targets at 25.1700 & 25.4900 in extension.

Alternative scenario Below 24.5800 look for further downside with 24.4100 & 24.2000 as targets.

Comment The RSI advocates for further advance.

 

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Featured Analysis

Learn Forex Trading

Making use of a Trading Journal

Trade Bitcoin the Right Way

The EUR/USD

Fixed Or Moving Stop Losses