(12 FEBRUARY 2019)Silver spot ($):Under pressure.

Pivot (invalidation): 15.7700

Our preference

Short positions below 15.7700 with targets at 15.6600 & 15.6200 in extension.

Alternative scenario

Above 15.7700 look for further upside with 15.8300 & 15.8700 as targets.

Comment

The RSI is mixed with a bearish bias.

(By Swissquote TRADING CENTRAL)