Our pivot point is at 52.30.
Our preference: The downside prevails as long as 52.30 is resistance, with 50.19 and 49.72 as targets
Alternative scenario: above 52.30, look for 53.10 and 53.58.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 52.12 and 52.60). The Silver is trading below its lower Bollinger band (standing at 51.63).
Supports and resistances:
53.58 **
53.10 *
52.30 **
51.50 last
50.19
49.72 **
49.24 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2026 at 03:00 UTC+1
Price reference: 51.50 last known on 10-30-2026 at 03:00 UTC+1
Investment horizon: INTRADAY
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