(10 OCTOBER 2018)Silver spot ($):Rebound expected.

Pivot (invalidation): 14.2500

Our preference

Long positions above 14.2500 with targets at 14.4900 & 14.5600 in extension.

Alternative scenario

Below 14.2500 look for further downside with 14.1500 & 14.0500 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)