Silver Intraday: key resistance at 30.80.
Sep 18, 2024 2:02 PM
short positions below 30.80 with targets at 30.32 & 30.00 in extension.
Pivot: 30.80
Our preference:
short positions below 30.80 with targets at 30.32 & 30.00 in extension.
Alternative scenario:
above 30.80 look for further upside with 31.10 & 31.40 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
31.40
31.10
30.80
30.46 Last
30.32
30.00
29.80
Our preference:
short positions below 30.80 with targets at 30.32 & 30.00 in extension.
Alternative scenario:
above 30.80 look for further upside with 31.10 & 31.40 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
31.40
31.10
30.80
30.46 Last
30.32
30.00
29.80
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Related Instruments
Silver
30.764
0.713
+2.37%