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

Pivot (invalidation): 16.1000

Our preference

Short positions below 16.1000 with targets at 15.9400 & 15.8400 in extension.

Alternative scenario

Above 16.1000 look for further upside with 16.1400 & 16.2100 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)