Silver Intraday: Key support level approaches
Silver (XAG/USD)-3.042-5.83%
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 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:
53.58 **
53.10 *
52.30 **
50.53 last
50.19
49.72 **
49.24 *
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