Tanalys

SILVER Spot intraday: rebound expected.

Pivot: 19.55

Our preference: LONG positions above 19.55 with 20.45 20.85 in sight.

Alternative scenario: The downside penetration of 19.55 will call for 19.25 18.95.

Comment: technically, the RSI is above its neutrality area at 50.

Trend: ST Bearish; MT Ltd downside

Key levels Comment

21.05 Intraday resistance

20.85 Intraday resistance

20.45 Intraday resistance

20.158 Last

19.55 Intraday pivot point

19.25 Intraday support

18.95 Intraday support

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