Tanalys

SILVER (Spot) intraday: bullish bias above 21.55

Pivot: 21.55

Our preference: LONG positions above 21.55 with targets @ 22.45 22.85.

Alternative scenario: The downside penetration of 21.55 will call for 21.07 20.48.

Comment: the RSI is supported by a bullish trend line.

Trend: ST Bearish; MT Bearish

Key levels Comment

23.4 Intraday resistance

22.85 Intraday resistance

22.45 Intraday resistance

22.2 Last

21.55 Intraday pivot point

21.07 Intraday support

20.48 Intraday support

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