(30 OCTOBER 2018)Silver spot ($):14.4500 expected.

Pivot (invalidation): 14.5700

Our preference

Short positions below 14.5700 with targets at 14.4500 & 14.4000 in extension.

Alternative scenario

Above 14.5700 look for further upside with 14.6500 & 14.7200 as targets.

Comment

As Long as the resistance at 14.5700 is not surpassed, the risk of the break below 14.4500

remains high. 

(By Swissquote TRADING CENTRAL)