(31 MAY 2019)Silver spot ($):Bullish bias above 14.4300.

(31 MAY 2019)Silver spot ($):Bullish bias above 14.4300.

31 May 2019, 09:11
Jiming Huang
0
49

sk

Pivot (invalidation): 14.4300

Our preference

Long positions above 14.4300 with targets at 14.5700 & 14.6300 in extension.

Alternative scenario

Below 14.4300 look for further downside with 14.3500 & 14.2800 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)

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