Pivot: 27.35
Our preference: LONG positions @ 27.5 with targets @ 28.1 28.5.
Alternative scenario: The downside penetration of 27.35 will call for a slide towards 27.1 26.95.
comment: silver prices are supported by a rising trend line.
Trend: ST Ltd downside; MT Range
Key levels Comment
28.8** Intraday resistance
28.5** Intraday resistance
28.1** Intraday resistance
27.978 Last
27.35** Intraday pivot point
27.1** Intraday support
26.95** Intraday support
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