Silver Intraday: look for 30.55.
Nov 21, 2024 1:36 AM
short positions below 31.15 with targets at 30.75 & 30.55 in extension.
Pivot: 31.15
Our preference:
short positions below 31.15 with targets at 30.75 & 30.55 in extension.
Alternative scenario:
above 31.15 look for further upside with 31.30 & 31.50 as targets.
Comment:
as long as the resistance at 31.15 is not surpassed, the risk of the break below 30.75 remains high.
Supports and resistances:
31.50
31.30
31.15
30.88 Last
30.75
30.55
30.35
Our preference:
short positions below 31.15 with targets at 30.75 & 30.55 in extension.
Alternative scenario:
above 31.15 look for further upside with 31.30 & 31.50 as targets.
Comment:
as long as the resistance at 31.15 is not surpassed, the risk of the break below 30.75 remains high.
Supports and resistances:
31.50
31.30
31.15
30.88 Last
30.75
30.55
30.35
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Silver
31.257
0.425
+1.38%