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Silver (CME) (MAY4) intraday: eye 26.76
2024-04-25
755
Our pivot point stands at 27.64.
Our preference: eye 26.76.
Alternative scenario: above 27.64, look for 27.93 and 28.10.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Silver (CME) (MAY4) is trading under its 20 period moving average (27.37) but above its 50 period moving average (27.29).
Supports and resistances:
28.10 **
27.93 *
27.64 **
27.52
27.30 last
26.94
26.76 **
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