(31 January 2020)Silver spot ($) The bias remains bullish.

Pivot
 (invalidation): 17.7400
Our preference
Long positions above 17.7400 with targets at 17.9500 & 18.0400 in extension.
Alternative scenario
Below 17.7400 look for further downside with 17.6300 & 17.5200 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)