Tanalys

SILVER (Spot) intraday: bullish bias above 27.35

Pivot: 27.35

Our preference: LONG positions above 27.35 with 28.1 28.5 as next targets.

Alternative scenario: The downside penetration of 27.35 will call for 27.1 26.95.

comment: silver prices are supported by a rising trend line.

Trend: ST Ltd downside; MT Range

Key levels Comment

28.8** Intraday resistance

28.5** Intraday resistance

28.1** Intraday resistance

27.94 Last

27.35** Intraday pivot point

27.1** Intraday support

26.95** Intraday support

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