(02 AUGUST 2018)Silver spot ($):Key resistance at 15.4800.

Pivot (invalidation): 15.4800

Our preference

Short positions below 15.4800 with targets at 15.3700 & 15.3000 in extension.

Alternative scenario

Above 15.4800 look for further upside with 15.5400 & 15.6100 as targets.

Comment

A break below 15.3700 would trigger a drop towards 15.3000.

(By Swissquote TRADING CENTRAL)