Tanalys

SILVER (Spot) intraday: key ST resistance at 19.4

Pivot: 19.40

Our preference: SHORT positions below 19.4 with 18.5 18.2 as next targets.

Alternative scenario: The upside penetration of 19.4 will call for a rebound towards 19.85 20.1.

Comment: key ST resistance at 19.4

Trend: ST Ltd downside; MT Bearish

Key levels Comment

20.1** Intraday resistance

19.85** Intraday resistance

19.4*** Intraday pivot point

18.88 Last

18.5** Intraday support

18.2** Intraday support

17.6** Fib projection

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