Silver Intraday: bounce.

Sep 19, 2024 6:58 AM

long positions above 30.35 with targets at 31.25 & 31.70 in extension.

Pivot: 30.35
Our preference:
long positions above 30.35 with targets at 31.25 & 31.70 in extension.
Alternative scenario:
below 30.35 look for further downside with 30.00 & 29.70 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
32.20
31.70
31.25
30.97 Last
30.35
30.00
29.70

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