56.95 is our pivot point.
Our preference: our next up target stands at 58.45.
Alternative scenario: the downside breakout of 56.95 would call for 56.40 and 56.10.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Silver is above its 20 and 50 period moving average (respectively at 57.23 and 57.25).
Supports and resistances:
58.75 *
58.45 **
58.15
57.43 last
56.95 **
56.40 *
56.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-29-2026 at 12:13 UTC+1
Price reference: 57.43 last known on 07-29-2026 at 12:13 UTC+1
Investment horizon: INTRADAY
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