(05 March 2020)Silver spot ($) The bias remains bullish.

Pivot
 (invalidation): 17.0400
Our preference
Long positions above 17.0400 with targets at 17.3300 & 17.4700 in extension.
Alternative scenario
Below 17.0400 look for further downside with 16.8700 & 16.7200 as targets.
Comment
A support base at 17.0400 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)