(17 OCTOBER 2018)Silver spot ($):The downside prevails.

(17 OCTOBER 2018)Silver spot ($):The downside prevails.

17 October 2018, 09:47
Jiming Huang
0
18

sl

Pivot (invalidation): 14.6800

Our preference

Short positions below 14.6800 with targets at 14.5500 & 14.4900 in extension.

Alternative scenario

Above 14.6800 look for further upside with 14.7700 & 14.8500 as targets.

Comment

The break below 14.6800 is a negative signal that has opened a path to 14.5500.

(By Swissquote TRADING CENTRAL) 

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