(24 AUGUST 2018)Silver spot ($):Key resistance at 14.6000

Pivot (invalidation): 14.6000

Our preference

Short positions below 14.6000 with targets at 14.4000 & 14.3100 in extension.

Alternative scenario

Above 14.6000 look for further upside with 14.6700 & 14.7700 as targets.

Comment

The RSI is mixed with a bearish bias.

(By Swissquote TRADING CENTRAL)