Silver may rise to 31.60 - 32.50
BY Trading Central
|august 28, 2024ST: turning up.
Pivot
27.30
Our preference
Long positions above 27.30 with targets at 31.60 & 32.50 in extension.
Alternative scenario
Below 27.30 look for further downside with 26.00 & 24.20 as targets.
Comment
The RSI calls for a rebound.
Supports and resistances
34.00 ***
32.50 ***
31.60 ***
29.95 Last
27.30 ***
26.00 ***
24.20 ***
Number of asterisks represents the strength of support and resistance levels.
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