Our pivot point is at 69.16.
Our preference: The upside prevails as long as 69.16 is support, with 72.07 and 72.81 as targets
Alternative scenario: below 69.16, expect 67.93 and 67.19.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 69.18 and 68.93). The Silver is trading above its upper Bollinger band (standing at 70.17).
Supports and resistances:
73.55 *
72.81 **
72.07
70.52 last
69.16 **
67.93 *
67.19 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-28-2026 at 09:40 UTC+1
Price reference: 70.52 last known on 08-28-2026 at 09:40 UTC+1
Investment horizon: INTRADAY
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