(06 SEPTEMBER 2018)Silver spot ($):14.3700 expected.

Pivot (invalidation): 14.0800

Our preference

Long positions above 14.0800 with targets at 14.2800 & 14.3700 in extension.

Alternative scenario

Below 14.0800 look for further downside with 13.9800 & 13.8000 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)