Tanalys

SILVER (Spot) intraday: rebound expected.

Pivot: 27.35

Our preference: LONG positions above 27.35 with targets @ 27.85 28.1.

Alternative scenario: The downside penetration of 27.35 will call for a slide towards 27.15 26.95.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Ltd downside; MT Range

Key levels Comment

28.3** Intraday resistance

28.1** Intraday resistance

27.85** Intraday resistance

27.65 Last

27.35** Intraday pivot point

27.15** Intraday support

26.95** Intraday support

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