Pivot: 22.75
Our preference: LONG positions above 22.75 with targets @ 23.6 23.85.
Alternative scenario: The downside breakout of 22.75 will open the way to 22.15 21.25.
Comment: silver prices are supported by a rising trend line.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
24.2* Intraday resistance
23.85** Intraday resistance
23.6** Intraday resistance
23.036 Last
22.75*** Intraday pivot point
22.15** Intraday support
21.25** Intraday support
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