(16 AUGUST 2019)Silver spot ($):Capped by a negative trend line.

Pivot
 (invalidation): 17.3900
Our preference
Short positions below 17.3900 with targets at 17.0800 & 17.0000 in extension.
Alternative scenario
Above 17.3900 look for further upside with 17.5000 & 17.6400 as targets.
Comment
The RSI calls for a drop

(By Swissquote TRADING CENTRAL)