(08 JANUARY 2019)Silver spot ($):The downside prevails.

Pivot (invalidation): 15.6800

Our preference

Short positions below 15.6800 with targets at 15.4600 & 15.3500 in extension.

Alternative scenario

Above 15.6800 look for further upside with 15.7400 & 15.8100 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)