Tanalys

SILVER (Spot) intraday: towards 22.45

Pivot: 21.55

Our preference: LONG positions above 21.55 with 22.15 22.45 in sight.

Alternative scenario: The downside penetration of 21.55 will call for 21.07 20.48.

Comment: the RSI calls for a rebound.

Trend: ST Bearish; MT Bearish

Key levels Comment

22.85 Intraday resistance

22.45 Intraday resistance

22.15 Intraday resistance

22.09 Last

21.55 Intraday pivot point

21.07 Intraday support

20.48 Intraday support

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