(04 September 2020)Silver spot ($) Capped by a negative trend line.

(04 September 2020)Silver spot ($) Capped by a negative trend line.

4 September 2020, 09:17
Jiming Huang
0
83

sl
Pivot
 (invalidation): 27.0500
Our preference
Short positions below 27.0500 with targets at 26.3500 & 26.0000 in extension.
Alternative scenario
Above 27.0500 look for further upside with 27.3900 & 27.7000 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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