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(23 OCTOBER 2018)Silver spot ($):Under pressure.

sl

Pivot (invalidation): 14.6200

Our preference

Short positions below 14.6200 with targets at 14.4900 & 14.4300 in extension.

Alternative scenario

Above 14.6200 look for further upside with 14.7100 & 14.7900 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL) 

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