(09 January 2020)Silver spot ($) The downside prevails.

Pivot
 (invalidation): 18.2100
Our preference
Short positions below 18.2100 with targets at 17.9300 & 17.8100 in extension.
Alternative scenario
Above 18.2100 look for further upside with 18.3100 & 18.4100 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)