Tanalys

SILVER (Spot) intraday: bullish bias above 22.15

Pivot: 22.15

Our preference: LONG positions above 22.15 with 22.95 23.3 in sight.

Alternative scenario: The downside penetration of 22.15 will call for a slide towards 21.95 21.75.

Comment: intraday support around 22.15

Trend: ST Ltd downside; MT Bearish

Key levels Comment

23.8** Intraday resistance

23.3** Intraday resistance

22.95*** Intraday resistance

22.443 Last

22.15*** Intraday pivot point

21.95** Intraday support

21.75** Fib retracement (50%)

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