Silver Intraday: Look for 50.19
Silver (XAG/USD)-1.310-2.51%
The downside prevails as long as 52.30 is resistance, with 50.19 and 49.72 as targets

Our pivot point is at 52.30.
Our preference: The downside prevails as long as 52.30 is resistance, with 50.19 and 49.72 as targets
Alternative scenario: above 52.30, look for 53.10 and 53.58.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 51.80 and 52.27).
Supports and resistances:
53.58 **
53.10 *
52.30 **
51.64 last
50.19
49.72 **
49.24 *
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