Silver Intraday: key resistance at 32.95.

Pivot: 32.95

Our preference: short positions below 32.95 with targets at 32.35 & 32.10 in extension.

Alternative scenario: above 32.95 look for further upside with 33.20 & 33.40 as targets.

Comment: the upward potential is likely to be limited by the resistance at 32.95.

Supports and resistances:

33.40

33.20

32.95

32.78 Last

32.35

32.10

31.85