(03 December 2020)Silver spot ($) The bias remains bullish.

Pivot
 (invalidation): 23.5200
Our preference
Long positions above 23.5200 with targets at 24.3200 & 24.7200 in extension.
Alternative scenario
Below 23.5200 look for further downside with 23.1700 & 22.9000 as targets.
Comment
The immediate trend remains up but the momentum is weak.

(By Swissquote TRADING CENTRAL)