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Silver (CME) (Z3) intraday: our next up target stands at 23.79

2023-09-13
1155

23.14 is our pivot point.

Our preference: our next up target stands at 23.79.

Alternative scenario: below 23.14, expect 22.92 and 22.79.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Silver (CME) (Z3) is above its 20 and 50 period moving average (respectively at 23.28 and 23.34).

Supports and resistances:

24.04 **

23.92 *

23.79 **

23.66

23.38 last

23.22

23.14 **

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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