(12 NOVEMBER 2018)Silver spot ($):Key resistance at 14.2900.

Pivot (invalidation): 14.2900

Our preference

Short positions below 14.2900 with targets at 14.0800 & 14.0000 in extension.

Alternative scenario

Above 14.2900 look for further upside with 14.3600 & 14.4600 as targets.

Comment

Even though a continuation of the technical rebound cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)