(30 JANUARY 2019)Silver spot ($):The upside prevails.

Pivot (invalidation): 15.7900

Our preference

Long positions above 15.7900 with targets at 16.0500 & 16.1900 in extension.

Alternative scenario

Below 15.7900 look for further downside with 15.6900 & 15.5800 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)