(01 MAY 2019)Silver spot ($):Capped by a negative trend line.

Pivot (invalidation): 14.9800

Our preference

Short positions below 14.9800 with targets at 14.8400 & 14.7900 in extension.

Alternative scenario

Above 14.9800 look for further upside with 15.0300 & 15.0800 as targets.

Comment

As Long as 14.9800 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)