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Silver (CME) (Z3) intraday: short term rebound towards 23.53
2023-09-27
995
Our pivot point is at 23.00.
Our preference: short term rebound towards 23.53.
Alternative scenario: below 23.00, expect 22.85 and 22.76.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Silver (CME) (Z3) is trading under both its 20 and 50 period moving average (respectively at 23.25 and 23.31).
Supports and resistances:
23.71 **
23.62 *
23.53 **
23.44
23.18 last
23.06
23.00 **
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