(05 December 2019)Silver spot ($) Bullish bias above 16.9600.

Pivot
 (invalidation): 16.9600
Our preference
Short positions below 16.9600 with targets at 16.7800 & 16.6700 in extension.
Alternative scenario
Above 16.9600 look for further upside with 17.0800 & 17.1800 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.