Tanalys

SILVER Spot intraday: bullish bias above 19.8

Pivot: 19.80

Our preference: LONG positions above 19.8 with 20.1 20.3 in sight.

Alternative scenario: The downside penetration of 19.8 will call for 19.55 19.25.

Comment: technically, the RSI is above its neutrality area at 50.

Trend: ST Bearish; MT Ltd downside

Key levels Comment

20.5 Intraday resistance

20.3 Intraday resistance

20.1 Intraday resistance

19.975 Last

19.8 Intraday pivot point

19.55 Intraday support

19.25 Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version