Tanalys

SILVER (Spot) intraday: bullish bias above 28.15

Pivot: 28.15

Our preference: LONG positions above 28.15 with 29 29.25 in sight.

Alternative scenario: The downside breakout of 28.15 will open the way to 27.95 27.7.

Comment: the RSI is above its neutrality area at 50%.

Trend: ST Ltd downside; MT Range

Key levels Comment

29.65** Intraday resistance

29.25** Intraday resistance

29** Intraday resistance

28.691 Last

28.15** Intraday pivot point

27.95* Fib projection

27.7** Fib projection

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