Silver may rise to 29.50 - 31.60
BY Trading Central
|July 29, 2024ST: caution.
Pivot
27.40
Our preference
Long positions above 27.40 with targets at 29.50 & 31.60 in extension.
Alternative scenario
Below 27.40 look for further downside with 26.00 & 24.20 as targets.
Comment
The RSI is mixed and calls for caution.
Supports and resistances
32.85 ***
31.60 ***
29.50 ***
28.00 Last
27.40 ***
26.00 ***
24.20 ***
Number of asterisks represents the strength of support and resistance levels.
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