Tanalys

SILVER (Spot) intraday: key ST resistance at 21.45

Pivot: 21.45

Our preference: SHORT positions below 21.45 with 20.95 20.8 in sight.

Alternative scenario: The upside breakout of 21.45 will open the way to 21.65 22.

Comment: the RSI advocates for further decline.

Trend: ST Bearish; MT Bearish

Key levels Comment

22 Intraday resistance

21.65 Intraday resistance

21.45 Intraday pivot point

21.14 Last

20.95 Intraday support

20.8 Intraday support

20.6 Intraday support

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