Tanalys

SILVER (Spot) intraday: key ST resistance at 21.9

Pivot: 21.90

Our preference: SHORT positions below 21.9 with 21.5 21.3 in sight.

Alternative scenario: The upside breakout of 21.9 will open the way to 22.1 22.45.

Comment: as long as 21.9 is resistance, look for choppy price action with a bearish bias.

Trend: ST Bearish; MT Bearish

Key levels Comment

22.45 Intraday resistance

22.1 Intraday resistance

21.9 Intraday pivot point

21.846 Last

21.5 Intraday support

21.3 Intraday support

21.2 Intraday support

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