SILVER Pivot Points Analysis - S1 Pivot at 12.66 as a next real bearish target

W1 price is located to be below yearly Central Pivot at 17.41 and above S1 Pivot at 12.66:

• The price is on bearish ranging between yearly Central Pivot at 17.41 and S1 Pivot at 12.66;
• The price is breaking descending triangle pattern with 14.35 support level from above to below for the bearish trend to be continuing;
• If weekly price will break 14.35 support level on close weekly bar so the next real bearish target is S1 Pivot at 12.66.

Trend:

• W1 - bearish
• MN1 - bearish