(06 MAY 2019)Silver spot ($):The bias remains bullish.

Pivot (invalidation): 14.8000

Our preference

Long positions above 14.8000 with targets at 15.0000 & 15.0800 in extension.

Alternative scenario

Below 14.8000 look for further downside with 14.7200 & 14.6400 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)