(30 January 2020)Silver spot ($) Continuation of the rebound.

Pivot
 (invalidation): 17.5000
Our preference
Long positions above 17.5000 with targets at 17.7300 & 17.8500 in extension.
Alternative scenario
Below 17.5000 look for further downside with 17.4200 & 17.3600 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)