Tanalys

SILVER (Spot) intraday: key ST resistance at 21.1

Pivot: 21.10

Our preference: SHORT positions below 21.1 with 20.3 20 in sight.

Alternative scenario: The upside breakout of 21.1 will open the way to 21.3 21.65.

Comment: the RSI is bearish and calls for further downside.

Trend: ST Bearish; MT Bearish

Key levels Comment

21.65 Intraday resistance

21.3 Intraday resistance

21.1 Intraday pivot point

20.669 Last

20.3 Intraday support

20 Intraday support

19.2 Intraday support

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