Silver Intraday: Target 62.71

Silver (XAG/USD)
-0.639-0.99%
Eye 62.08
image
Our pivot point is at 64.99.

Our preference: Eye 62.08

Alternative scenario: above 64.99, look for 66.04 and 66.67.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 64.14 and 64.14).

Supports and resistances:
66.67 **
66.04 *
64.99 **
63.95 last
62.71
62.08 **
61.46 *

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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