(12 AUGUST 2019)Silver spot ($):Towards 16.6300.

(12 AUGUST 2019)Silver spot ($):Towards 16.6300.

12 August 2019, 09:51
Jiming Huang
0
44

sl

Pivot
 (invalidation): 17.0600
Our preference
Short positions below 17.0600 with targets at 16.7800 & 16.6300 in extension.
Alternative scenario
Above 17.0600 look for further upside with 17.1400 & 17.2400 as targets.
Comment
The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL)

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