(26 August 2020)Silver spot ($) The downside prevails.

(26 August 2020)Silver spot ($) The downside prevails.

26 August 2020, 09:26
Jiming Huang
0
81

sl
Pivot
 (invalidation): 26.7000
Our preference
Short positions below 26.7000 with targets at 26.0100 & 25.7800 in extension.
Alternative scenario
Above 26.7000 look for further upside with 26.9500 & 27.2000 as targets.
Comment
As Long as the resistance at 26.7000 is not surpassed, the risk of the break below 26.0100
remains high.

(By Swissquote TRADING CENTRAL)