(18 October 2019)Silver spot ($) Bullish bias above 17.2600.

Pivot
 (invalidation): 17.2600
Our preference
Long positions above 17.2600 with targets at 17.4700 & 17.5700 in extension.
Alternative scenario
Below 17.2600 look for further downside with 17.1500 & 17.0500 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited