(08 MAY 2019)Silver spot ($):Bullish bias above 14.8000.

Pivot (invalidation): 14.8000

Our preference

Long positions above 14.8000 with targets at 14.9700 & 15.0700 in extension.

Alternative scenario

Below 14.8000 look for further downside with 14.7300 & 14.6400 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)