![(07 AUGUST 2019)Silver spot ($):The upside prevails. (07 AUGUST 2019)Silver spot ($):The upside prevails.](https://c.mql5.com/6/838/splash-728704.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
53
Pivot (invalidation): 16.5200
Our preference
Long positions above 16.5200 with targets at 16.8300 & 17.0000 in extension.
Alternative scenario
Below 16.5200 look for further downside with 16.4000 & 16.3400 as targets.
Comment
The RSI shows upside momentum.
(By Swissquote TRADING CENTRAL)