Silver may fall to 31.00 - 31.23
BY Trading Central
|November 8, 2024Intraday: towards 31.00.
Pivot
31.95
Our preference
Short positions below 31.95 with targets at 31.23 & 31.00 in extension.
Alternative scenario
Above 31.95 look for further upside with 32.15 & 32.37 as targets.
Comment
The RSI advocates for further decline.
Supports and resistances
32.37
32.15
31.95
31.53 Last
31.23
31.00
30.81
Number of asterisks represents the strength of support and resistance levels.
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