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Silver (CME) Intraday: intraday support around 25.58.

2024-03-21
462

Pivot: 25.58

Our preference: long positions above 25.58 with targets at 26.11 & 26.36 in extension.

Alternative scenario: below 25.58 look for further downside with 25.33 & 25.16 as targets.

Comment: the break above 25.58 is a positive signal that has opened a path to 26.11.

Supports and resistances:

26.61

26.36

26.11

25.65 Last

25.58

25.33

25.16

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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