(24 JULY 2020)Silver spot ($) The bias remains bullish.

Pivot
 (invalidation): 22.2300
Our preference
Long positions above 22.2300 with targets at 23.2400 & 23.6600 in extension.
Alternative scenario
Below 22.2300 look for further downside with 21.8300 & 21.4800 as targets.
Comment
The immediate trend remains up but the momentum is weak.

(By Swissquote TRADING CENTRAL)