(08 MARCH 2019)Silver spot ($):Under pressure.

Pivot (invalidation): 15.1000

Our preference

Short positions below 15.1000 with targets at 14.9600 & 14.8800 in extension.

Alternative scenario

Above 15.1000 look for further upside with 15.1600 & 15.2700 as targets.

Comment

As Long as the resistance at 15.1000 is not surpassed, the risk of the break below 14.9600

remains high. 

(By Swissquote TRADING CENTRAL)