(18 August 2020)Silver spot ($) Further upside.

Pivot
 (invalidation): 27.1000
Our preference
Long positions above 27.1000 with targets at 28.3000 & 28.7500 in extension.
Alternative scenario
Below 27.1000 look for further downside with 26.5700 & 26.2700 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)