Tanalys

SILVER (Spot) intraday: key ST resistance at 22.45

Pivot: 22.45

Our preference: SHORT positions below 22.45 with targets @ 21.65 21.3.

Alternative scenario: The upside breakout of 22.45 will open the way to 22.75 23.2.

Comment: the RSI is below its neutrality area at 50%

Trend: ST Bullish; MT Range

Key levels Comment

23.2 Intraday resistance

22.75 Intraday resistance

22.45 Intraday pivot point

21.867 Last

21.65 Intraday support

21.3 Intraday support

20.6 Intraday support

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