Tanalys

Silver spot intraday: the downside prevails.

Pivot: 19.90

Our preference: SHORT positions below 19.9 with 18.85 18.6 as next targets.

Alternative scenario: The upside breakout of 19.9 will open the way to 20.45 20.95.

Comment: the RSI is mixed.

Trend: ST Ltd downside; MT Ltd downside

Key levels Comment

20.95 Intraday resistance

20.45 Intraday resistance

19.9 Intraday pivot point

19.247 Last

18.85 Intraday support

18.6 Intraday support

18.15 Intraday support

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