Silver Intraday: consolidation.
Silver (XAG/USD)
-2.258-2.44%
long positions above 88.95 with targets at 93.70 & 96.80 in extension.
Pivot: 88.95
Our preference: long positions above 88.95 with targets at 93.70 & 96.80 in extension.
Alternative scenario: below 88.95 look for further downside with 86.40 & 83.45 as targets.
Comment: intraday technical indicators lack momentum.
Supports and resistances:
99.00
96.80
93.70
90.98 Last
88.95
86.40
83.45
Our preference: long positions above 88.95 with targets at 93.70 & 96.80 in extension.
Alternative scenario: below 88.95 look for further downside with 86.40 & 83.45 as targets.
Comment: intraday technical indicators lack momentum.
Supports and resistances:
99.00
96.80
93.70
90.98 Last
88.95
86.40
83.45
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.
