Silver Intraday: intraday support around 32.70.

Silver (XAG/USD)
-0.170-0.52%
long positions above 32.70 with targets at 33.40 & 33.70 in extension.
image
Pivot: 32.70

Our preference: long positions above 32.70 with targets at 33.40 & 33.70 in extension.

Alternative scenario: below 32.70 look for further downside with 32.53 & 32.37 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:
34.00
33.70
33.40
33.13 Last
32.70
32.53
32.37

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.
goTop
quote