Tanalys

SILVER (Spot) intraday: bullish bias above 19.2

Pivot: 19.20

Our preference: LONG positions above 19.2 with 20.08 20.85 as next targets.

Alternative scenario: The downside penetration of 19.2 will call for a slide towards 18.85 18.5.

Comment: intraday support around 19.2

Trend: ST Ltd downside; MT Bearish

Key levels Comment

21.12** Fib projection

20.85** Intraday resistance

20.08** Intraday resistance

19.469 Last

19.2*** Intraday pivot point

18.85** Intraday support

18.5** Intraday support

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