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Silver Intraday: watch 32.10

Feb 4, 2025 2:33 PM
long positions above 31.55 with targets at 32.10 & 32.35 in extension.
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Pivot: 31.55
Our preference:
long positions above 31.55 with targets at 32.10 & 32.35 in extension.
Alternative scenario:
below 31.55 look for further downside with 31.30 & 31.00 as targets.
Comment:
the RSI is bullish and calls for further upside. Breakout above key resistance of 31.70
Supports and resistances:
32.70
32.35
32.10
31.88 Last
31.55
31.30
31.00
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Silver
31.802
-0.005
-0.02%