Our pivot point is at 56.86.
Our preference: The upside prevails as long as 56.86 is support, with 59.22 and 59.83 as targets
Alternative scenario: below 56.86, expect 55.83 and 55.22.
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 price is above its 20 and 50 period moving average (respectively at 57.47 and 57.34). The Silver is trading above its upper Bollinger band (standing at 58.21).
Supports and resistances:
60.45 *
59.83 **
59.22
58.21 last
56.86 **
55.83 *
55.22 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 07-29-2026 at 09:40 UTC+1
Price reference: 58.21 last known on 07-29-2026 at 09:40 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf