Silver Intraday: further advance.
Silver (XAG/USD)
+2.817+4.15%
long positions above 67.90 with targets at 71.80 & 73.40 in extension.
Pivot: 67.90
Our preference: long positions above 67.90 with targets at 71.80 & 73.40 in extension.
Alternative scenario: below 67.90 look for further downside with 65.80 & 64.50 as targets.
Comment: the next resistances are at 71.80 and then at 73.40.
Supports and resistances:
75.00 **
73.40 ***
71.80 ***
70.65 Last
67.90 ***
65.80 **
64.50 *
Our preference: long positions above 67.90 with targets at 71.80 & 73.40 in extension.
Alternative scenario: below 67.90 look for further downside with 65.80 & 64.50 as targets.
Comment: the next resistances are at 71.80 and then at 73.40.
Supports and resistances:
75.00 **
73.40 ***
71.80 ***
70.65 Last
67.90 ***
65.80 **
64.50 *
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