(04 JUNE 2019)Silver spot ($):Bullish bias above 14.6600.

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Pivot (invalidation): 14.6600

Our preference

Long positions above 14.6600 with targets at 14.8300 & 14.8700 in extension.

Alternative scenario

Below 14.6600 look for further downside with 14.6000 & 14.5500 as targets.

Comment

A support base at 14.6600 has formed and has allowed for a temporary stabilisation.

By Swissquote TRADING CENTRAL)