Silver Intraday: further advance.
Silver (XAG/USD)-0.235-0.20%
long positions above 110.70 with targets at 117.00 & 119.50 in extension.

Pivot: 110.70
Our preference: long positions above 110.70 with targets at 117.00 & 119.50 in extension.
Alternative scenario: below 110.70 look for further downside with 108.70 & 106.30 as targets.
Comment: the next resistances are at 117.00 and then at 119.50.
Supports and resistances:
122.50
119.50
117.00
114.81 Last
110.70
108.70
106.30
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.