Our pivot point is at 56.25.
Our preference: as long as 56.25 is support look for 57.80.
Alternative scenario: below 56.25, expect 55.70 and 55.40.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Silver is below its 20 period moving average (56.78) but above its 50 period moving average (56.39).
Supports and resistances:
58.15 *
57.80 **
57.50
56.76 last
56.25 **
55.70 *
55.40 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-20-2026 at 16:34 UTC+1
Price reference: 56.76 last known on 07-20-2026 at 16:34 UTC+1
Investment horizon: INTRADAY
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