(15 MAY 2019)Silver spot ($):Bullish bias above 14.7100.

Pivot (invalidation): 14.7100

Our preference

Long positions above 14.7100 with targets at 14.8600 & 14.9000 in extension.

Alternative scenario

Below 14.7100 look for further downside with 14.6700 & 14.6000 as targets.

Comment

A support base at 14.7100 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)