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Silver (CME) (Z3) intraday: our next up target stands at 23.79
2023-09-13
932
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 **
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