Silver Intraday: continuation of the rebound
Oct 1, 2024 10:04 AM
long positions above 31.00 with targets at 31.60 & 31.90 in extension.
Pivot: 31.00
Our preference:
long positions above 31.00 with targets at 31.60 & 31.90 in extension.
Alternative scenario:
below 31.00 look for further downside with 30.70 & 30.40 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
32.10
31.90
31.60
31.34 Last
31.00
30.70
30.40
Our preference:
long positions above 31.00 with targets at 31.60 & 31.90 in extension.
Alternative scenario:
below 31.00 look for further downside with 30.70 & 30.40 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
32.10
31.90
31.60
31.34 Last
31.00
30.70
30.40
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Related Instruments
Silver
32.506
-0.116
-0.36%