Silver Intraday: expect 99.10.
Silver (XAG/USD)
+2.533+2.63%
long positions above 94.30 with targets at 97.90 & 99.10 in extension.
Pivot: 94.30
Our preference: long positions above 94.30 with targets at 97.90 & 99.10 in extension.
Alternative scenario: below 94.30 look for further downside with 92.90 & 91.70 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
100.00
99.10
97.90
97.12 Last
94.30
92.90
91.70
Our preference: long positions above 94.30 with targets at 97.90 & 99.10 in extension.
Alternative scenario: below 94.30 look for further downside with 92.90 & 91.70 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
100.00
99.10
97.90
97.12 Last
94.30
92.90
91.70
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