SILVER (Spot) intraday: under pressure.
Pivot: 28.40
Our Preference: SHORT positions below 28.4 with 26 & 25.8 as next targets.
Alternative scenario: The upside penetration of 28.4 will call for 29.15 & 29.45.
Comment: the RSI is capped by a declining trend line.
Trend: ST Consolidation; MT Range
Key levels Comment
29.45**
29.15**
28.4**
26.85 Last
26**
25.8*
25.5**
Pivot: 28.40
Our Preference: SHORT positions below 28.4 with 26 & 25.8 as next targets.
Alternative scenario: The upside penetration of 28.4 will call for 29.15 & 29.45.
Comment: the RSI is capped by a declining trend line.
Trend: ST Consolidation; MT Range
Key levels Comment
29.45**
29.15**
28.4**
26.85 Last
26**
25.8*
25.5**
No comments:
Post a Comment