Tanalys

SILVER (Spot) intraday: key ST resistance at 22.63

Pivot: 22.63

Our preference: SHORT positions below 22.63 with 22.15 21.95 as next targets.

Alternative scenario: The upside breakout of 22.63 will open the way to 22.9 23.1.

Comment: as long as the resistance at 22.63 is not surpassed, the risk of the break below 22.15 remains high.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

23.1** Intraday resistance

22.9** Intraday resistance

22.63** Intraday pivot point

22.45 Last

22.15*** Intraday support

21.95** Intraday support

21.65* Intraday support

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