Silver (CME) Intraday: consolidation in place.
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Pivot: 31.45
Our preference: short positions below 31.45 with targets at 30.88 & 30.65 in extension.
Alternative scenario: above 31.45 look for further upside with 31.65 & 31.82 as targets.
Comment: as long as the resistance at 31.45 is not surpassed, the risk of the break below 30.88 remains high.
Supports and resistances:
31.82
31.65
31.45
30.94 Last
30.88
30.65
30.44
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