Tanalys

Silver spot Intraday: key resistance at 19.5.

Pivot: 19.5

Our preference: Short positions below 19.5 with targets @ 18.98 18.65 in extension.

Alternative scenario: Above 19.5 look for further upside with 19.95 20.3 as targets.

Comment: as long as 19.5 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

20.3

19.95

19.5

19.45 Last

18.98

18.65

18.2

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version