Our pivot point is at 60.25.
Our preference: The downside prevails as long as 60.25 is resistance, with 57.54 and 57.22 as targets
Alternative scenario: above 60.25, look for 60.80 and 61.13.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 59.65 and 59.68). The Silver is trading below its lower Bollinger band (standing at 59.23).
Supports and resistances:
61.13 **
60.80 *
60.25 **
59.12 last
57.54
57.22 **
56.90 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-23-2026 at 09:45 UTC+1
Price reference: 59.12 last known on 07-23-2026 at 09:45 UTC+1
Investment horizon: INTRADAY
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