Pivot: 21.10
Our preference: LONG positions above 21.1 with 21.75 22 as next targets.
Alternative scenario: The downside breakout of 21.1 will open the way to 20.75 20.35.
Comment: silver prices are supported by a rising trend line.
Trend: ST Range; MT Range
Key levels Comment
22.5** Intraday resistance
22* Intraday resistance
21.75** Intraday resistance
21.45 Last
21.1** Intraday pivot point
20.75** Intraday support
20.35** Intraday support
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