Tanalys

SILVER Spot intraday: key ST resistance at 19.73

Pivot: 19.73

Our preference: SHORT positions below 19.73 with targets @ 19.05 18.85.

Alternative scenario: The upside penetration of 19.73 will call for a rebound towards 19.9 20.2.

Comment: as long as 19.73 is resistance, likely decline to 19.05.

Trend: ST Bearish; MT Ltd downside

Key levels Comment

20.2 Intraday resistance

19.9 Intraday resistance

19.73 Intraday pivot point

19.358 Last

19.05 Intraday support

18.85 Intraday support

18.6 Intraday support

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