Silver Intraday: continuation of the rebound.

Pivot: 50.50

Our preference: long positions above 50.50 with targets at 52.40 & 53.60 in extension.

Alternative scenario: below 50.50 look for further downside with 49.65 & 49.15 as targets.

Comment: the RSI calls for a rebound.

Supports and resistances:

54.30

53.60

52.40

51.75 Last

50.50

49.65

49.15