Tanalys

SILVER Spot intraday: turning down.

Pivot: 19.94

Our preference: SHORT positions below 19.94 with 19.55 19.43 in sight.

Alternative scenario: The upside penetration of 19.94 will call for 20.1 20.3.

Comment: the RSI broke below a bullish trend line.

Trend: ST Bearish; MT Ltd downside

Key levels Comment

20.3 Intraday resistance

20.1 Intraday resistance

19.94 Intraday resistance

19.697 Last

19.55 Intraday pivot point

19.43 Intraday support

19.25 Intraday support

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