(02 December 2020)Silver spot ($) The bias remains bullish.

Pivot
 (invalidation): 23.4900
Our preference
Long positions above 23.4900 with targets at 24.0500 & 24.3200 in extension.
Alternative scenario
Below 23.4900 look for further downside with 23.1600 & 22.9000 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)