Tanalys

SILVER (Spot) intraday: key ST resistance at 23.2

Pivot: 23.20

Our preference: SHORT positions below 23.2 with 22.75 22.45 as next targets.

Alternative scenario: The upside breakout of 23.2 will open the way to 23.4 23.6.

Comment: as long as the resistance at 23.2 is not surpassed, the risk of the break below 22.75 remains high.

Trend: ST Bullish; MT Range

Key levels Comment

23.6 Intraday resistance

23.4 Intraday resistance

23.2 Intraday pivot point

23.097 Last

22.75 Intraday support

22.45 Intraday support

22.2 Intraday support

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