Silver Intraday: the upside prevails
Dec 5, 2024 3:45 AM
long positions above 30.90 with targets at 31.53 & 31.85 in extension.
Pivot: 30.90
Our preference:
long positions above 30.90 with targets at 31.53 & 31.85 in extension.
Alternative scenario:
below 30.90 look for further downside with 30.70 & 30.45 as targets.
Comment:
the RSI is mixed with a bullish bias.
Supports and resistances:
32.15
31.85
31.53
31.17 Last
30.90
30.70
30.45
Our preference:
long positions above 30.90 with targets at 31.53 & 31.85 in extension.
Alternative scenario:
below 30.90 look for further downside with 30.70 & 30.45 as targets.
Comment:
the RSI is mixed with a bullish bias.
Supports and resistances:
32.15
31.85
31.53
31.17 Last
30.90
30.70
30.45
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Related Instruments
Silver
29.747
-0.046
-0.15%