(21 NOVEMBER 2018)Silver spot ($):Under pressure.

Pivot (invalidation): 14.4200

Our preference

Short positions below 14.4200 with targets at 14.2000 & 14.0800 in extension.

Alternative scenario

Above 14.4200 look for further upside with 14.4900 & 14.5700 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)