Tanalys

SILVER (Spot) intraday: bullish bias above 21.3

Pivot: 21.30

Our preference: LONG positions above 21.3 with targets @ 22.35 22.75.

Alternative scenario: The downside penetration of 21.3 will call for a slide towards 20.85 20.6.

Comment: intraday technical indicators are mixed and call for caution.

Trend: ST Bearish; MT Bearish

Key levels Comment

23.2 Intraday resistance

22.75 Intraday resistance

22.35 Intraday resistance

21.422 Last

21.3 Intraday pivot point

20.85 Intraday support

20.6 Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version