(29 JULY 2019)Silver spot ($):Intraday support around 16.3200.

(29 JULY 2019)Silver spot ($):Intraday support around 16.3200.

29 July 2019, 09:14
Jiming Huang
0
39

sl

Pivot (invalidation): 16.3200

Our preference

Long positions above 16.3200 with targets at 16.4700 & 16.5200 in extension.

Alternative scenario

Below 16.3200 look for further downside with 16.2400 & 16.1600 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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