(03 JULY 2019)Silver spot ($):The bias remains bullish.

Pivot (invalidation): 15.2300

Our preference

Long positions above 15.2300 with targets at 15.4600 & 15.5400 in extension.

Alternative scenario

Below 15.2300 look for further downside with 15.1800 & 15.1000 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)