
(07 FEBRUARY 2019)Silver spot ($):Capped by a negative trend line.
7 February 2019, 09:20

0
71
Pivot (invalidation): 15.7900
Our preference
Short positions below 15.7900 with targets at 15.5800 & 15.4300 in extension.
Alternative scenario
Above 15.7900 look for further upside with 15.9100 & 15.9800 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)