(11 August 2020)Silver spot ($) Bullish bias above 28.5400.

Pivot
 (invalidation): 28.5400
Our preference
Long positions above 28.5400 with targets at 29.4000 & 29.8500 in extension.
Alternative scenario
Below 28.5400 look for further downside with 28.1300 & 27.8000 as targets.
Comment
A support base at 28.5400 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)