Silver Intraday: continuation of the rebound.
Oct 1, 2024 11:23 AM
long positions above 31.00 with targets at 31.60 & 31.90 in extension.
Pivot: 31.00
Our preference:
long positions above 31.00 with targets at 31.60 & 31.90 in extension.
Alternative scenario:
below 31.00 look for further downside with 30.70 & 30.40 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
32.10
31.90
31.60
31.41 Last
31.00
30.70
30.40
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.