
(29 JULY 2019)Silver spot ($):Intraday support around 16.3200.
29 July 2019, 09:14

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Pivot (invalidation): 16.3200
Our preference
Long positions above 16.3200 with targets at 16.4700 & 16.5200 in extension.
Alternative scenario
Below 16.3200 look for further downside with 16.2400 & 16.1600 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)