Tanalys

Silver spot Intraday: bullish bias above 21.1.

Pivot: 21.1

Our preference: Long positions above 21.1 with targets @ 21.6 21.8 in extension.

Alternative scenario: Below 21.1 look for further downside with 20.8 20.58 as targets.

Comment: a support base at 21.1 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

22

21.8

21.6

21.2 Last

21.1

20.8

20.58

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version