(07 SEPTEMBER 2018)Silver spot ($):Capped by a negative trend line.

Pivot (invalidation): 14.2300

Our preference

Short positions below 14.2300 with targets at 14.0800 & 13.9800 in extension.

Alternative scenario

Above 14.2300 look for further upside with 14.3000 & 14.3700 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)