(28 AUGUST 2018)Silver spot ($):Bullish bias above 14.7500.

Pivot (invalidation): 14.7500

Our preference

Long positions above 14.7500 with targets at 14.9200 & 14.9800 in extension.

Alternative scenario

Below 14.7500 look for further downside with 14.6000 & 14.5000 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)