Tanalys

SILVER (Spot) intraday: bullish bias above 22.35

Pivot: 22.35

Our preference: LONG positions above 22.35 with targets @ 23.2 23.8.

Alternative scenario: The downside breakout of 22.35 will open the way to 21.9 21.4.

Comment: supported by a rising trend line.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

24.15** Intraday resistance

23.8** Intraday resistance

23.2** Intraday resistance

22.94 Last

22.35** Intraday pivot point

21.9** Intraday support

21.4** Fib retracement (50%)

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version