Tanalys

SILVER (Spot) intraday: bullish bias above 24.2

Pivot: 24.20

Our preference: LONG positions above 24.2 with 24.8 25.2 in sight.

Alternative scenario: The downside breakout of 24.2 will open the way to 23.9 23.6.

Comment: supported by a rising trend line.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

26*** Horizontal resistance

25.2** Intraday resistance

24.8** Intraday resistance

24.482 Last

24.2** Intraday pivot point

23.9** Intraday support

23.6*** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version