Silver ST: the bias remains bullish.

Pivot: 46.80

Our preference: long positions above 46.80 with targets at 54.50 & 56.60 in extension.

Alternative scenario: below 46.80 look for further downside with 43.70 & 41.10 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

59.50

56.60

54.50

50.76 Last

46.80

43.70

41.10