(07 NOVEMBER 2018)Silver spot ($):14.3600 expected.

Pivot (invalidation): 14.6200

Our preference

Short positions below 14.6200 with targets at 14.4500 & 14.3600 in extension.

Alternative scenario

Above 14.6200 look for further upside with 14.7100 & 14.8200 as targets.

Comment

The RSI is mixed to bearish

(By Swissquote TRADING CENTRAL)