Tanalys

Silver spot Intraday: bullish bias above 16.15.

Pivot: 16.15

Our preference: Long positions above 16.15 with targets @ 16.7 16.93 in extension.

Alternative scenario: Below 16.15 look for further downside with 15.9 15.68 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

17.2 ***

16.93 **

16.7 **

16.6 Last

16.15 **

15.9 **

15.68 *

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version