(19 DECEMBER 2018)Silver spot ($):Rebound expected.

.Pivot (invalidation): 14.5800

Our preference

Long positions above 14.5800 with targets at 14.7500 & 14.8000 in extension.

Alternative scenario

Below 14.5800 look for further downside with 14.5200 & 14.4700 as targets.

Comment

A support base at 14.5800 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)