Tanalys

SILVER (Spot) intraday: bullish bias above 21.85

Pivot: 21.85

Our preference: LONG positions above 21.85 with targets @ 22.8 23.1.

Alternative scenario: The downside penetration of 21.85 will call for 21.49 21.3.

Comment: technically, the RSI is above its neutrality area at 50.

Trend: ST Bearish; MT Bearish

Key levels Comment

23.4 Intraday resistance

23.1 Intraday resistance

22.8 Intraday resistance

22.26 Last

21.85 Intraday pivot point

21.49 Intraday support

21.3 Intraday support

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