Tanalys

SILVER Spot intraday: key ST resistance at 19.6

Pivot: 19.60

Our preference: SHORT positions below 19.6 with 18.9 18.7 in sight.

Alternative scenario: The upside penetration of 19.6 will call for a rebound towards 19.85 20.1.

Comment: technically, the RSI is below its neutrality area at 50.

Trend: ST Bearish; MT Ltd downside

Key levels Comment

20.1 Intraday resistance

19.85 Intraday resistance

19.6 Intraday pivot point

19.13 Last

18.9 Intraday support

18.7 Intraday support

18.5 Intraday support

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