Technical Outlook and Chart Setups:
Structure remains unchanged after Silver hit resistance at 33.30/40 levels. Furthermore, it looks to be poised to rally towards at least 34.30 level. Resistance levels are now at 34.35 and 35.00 respectively, while support will be provided by 32.80 and 32.00 respectively. It is recommended to buy on intraday dips towards 33.20/25 levels. Please note that 32.00 remains key for bulls to rally further up. Looking higher from here on.
Trading Recommendations:
Hold on to long positions taken earlier, stop at 31.50, and target is open.
Good Luck!
