(24 SEPTEMBER 2018)Silver spot ($):The downside prevails.

Pivot (invalidation): 14.2500

Our preference

Short positions below 14.2500 with targets at 14.1300 & 14.0700 in extension.

Alternative scenario

Above 14.2500 look for further upside with 14.3500 & 14.4300 as targets.

Comment

The RSI is capped by a declining trend line.

(By Swissquote TRADING CENTRAL)