Silver ST: further advance.

Pivot: 32.50

Our preference: long positions above 32.50 with targets at 36.60 & 37.80 in extension.

Alternative scenario: below 32.50 look for further downside with 31.60 & 30.80 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

38.80

37.80

36.60

34.60 Last

32.50

31.60

30.80