Tanalys

Silver MT: up turn.

Pivot: 19.

Our Preference: As long as 19.14 is support, look for rise towards 26 28.

Alternative scenario: A downside breakout of 19.14 would open the way towards 14.7.

Comment: The 20-MA crossed above the 50-MA and daily technical indicators are turning up.

Trend: ST Bullish; MT Range, we have been bullish since 19 AUG 2013 (23.5).

Key levels Comment

29.3 Horizontal resistance

28 Horizontal resistance

26 Horizontal resistance

23.5 Last

19.14 Pivot point

18.2 Horizontal support

17.2 Horizontal support

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