Silver (CME) (Z3) intraday: the downside prevails as long as 23.57 is resistance
Our pivot point stands at 23.57.
Our preference: the downside prevails as long as 23.57 is resistance.
Alternative scenario: above 23.57, look for 23.83 and 23.99.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Silver (CME) (Z3) stands below its 20 and 50 period moving average (respectively at 23.35 and 23.43).
Supports and resistances:
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