Silver may fall to 26.40 - 28.60
BY Trading Central
|Disember 4, 2024ST: under pressure.
Pivot
33.10
Our preference
Short positions below 33.10 with targets at 28.60 & 26.40 in extension.
Alternative scenario
Above 33.10 look for further upside with 34.80 & 36.00 as targets.
Comment
As long as 33.10 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
36.00 ***
34.80 ***
33.10 ***
30.95 Last
28.60 ***
26.40 ***
25.00 ***
Number of asterisks represents the strength of support and resistance levels.
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