(12 SEPTEMBER 2018)Silver spot ($):Turning down.

Pivot (invalidation): 14.1600

Our preference

Short positions below 14.1600 with targets at 14.0500 & 13.9900 in extension.

Alternative scenario

Above 14.1600 look for further upside with 14.2300 & 14.3000 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)