(07 August 2020)Silver spot ($) Turning down.

(07 August 2020)Silver spot ($) Turning down.

7 August 2020, 10:38
Jiming Huang
0
98

sl
Pivot
 (invalidation): 29.1500
Our preference
Short positions below 29.1500 with targets at 27.7500 & 26.9500 in extension.
Alternative scenario
Above 29.1500 look for further upside with 29.8500 & 30.5000 as targets.
Comment
The RSI calls for a new downleg

(By Swissquote TRADING CENTRAL)