(31 JULY 2018)Silver spot ($):Bullish bias above 15.3700.

Pivot (invalidation): 15.3700

Our preference

Long positions above 15.3700 with targets at 15.5800 & 15.6700 in extension.

Alternative scenario

Below 15.3700 look for further downside with 15.3000 & 15.2300 as targets.

Comment

The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL)