(23 NOVEMBER 2018)Silver spot ($):The bias remains bullish.

Pivot (invalidation): 14.4300

Our preference

Long positions above 14.4300 with targets at 14.5500 & 14.6200 in extension.

Alternative scenario

Below 14.4300 look for further downside with 14.3800 & 14.3300 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)