Silver Intraday: under pressure.
Silver (XAG/USD)-0.886-3.08%
short positions below 30.60 with targets at 29.80 & 29.40 in extension.
![image](https://resource.mistorebox.com/pmsync/images/strategy/20240524/170_20240524033257.gif)
Pivot: 30.60
Our preference: short positions below 30.60 with targets at 29.80 & 29.40 in extension.
Alternative scenario: above 30.60 look for further upside with 31.00 & 31.35 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
31.35
31.00
30.60
30.28 Last
29.80
29.40
29.00
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