Silver Intraday: Critical support closing in
Silver (XAG/USD)-0.086-0.17%
The downside prevails as long as 51.81 is resistance, with 49.72 and 49.20 as targets

Our pivot point is at 51.81.
Our preference: The downside prevails as long as 51.81 is resistance, with 49.72 and 49.20 as targets
Alternative scenario: above 51.81, look for 52.69 and 53.21.
Comment: The approach toward our first target represents a key level to monitor, it may trigger pressure for a pullback, though a firm close below this threshold could lead prices lower.
Supports and resistances:
53.21 **
52.69 *
51.81 **
50.32 last
49.72
49.20 **
48.68 *
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