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

Silver spot ($)
The bias remains bullish.
Pivot
 (invalidation): 25.5400
Our preference
Long positions above 25.5400 with targets at 26.1000 & 26.2700 in extension.
Alternative scenario
Below 25.5400 look for further downside with 25.1700 & 24.9000 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)