Tanalys

Silver spot Intraday: bullish bias above 20.4.

Pivot: 20.4

Our preference: Long @ 20.45 with targets @ 21 21.32 in extension.

Alternative scenario: Below 20.4 look for further downside with 20.2 19.9 as targets.

Comment: the RSI lacks downward momentum. Key support at 20.40.

Supports and resistances:

21.77

21.32

21

20.56 Last

20.4

20.2

19.9

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version