Silver Intraday: key resistance at 32.70.

Pivot: 32.70

Our preference: short positions below 32.70 with targets at 32.08 & 31.85 in extension.

Alternative scenario: above 32.70 look for further upside with 33.05 & 33.35 as targets.

Comment: the upward potential is likely to be limited by the resistance at 32.70.

Supports and resistances:

33.35

33.05

32.70

32.36 Last

32.08

31.85

31.65