Tanalys

SILVER Spot intraday: up turn.

Pivot: 19.55

Our preference: LONG positions above 19.55 with targets @ 20.45 20.85.

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

Comment: the RSI is bullish and calls for further advance.

Trend: ST Bearish; MT Ltd downside

Key levels Comment

21.05 Intraday resistance

20.85 Intraday resistance

20.45 Intraday resistance

20.195 Last

19.55 Intraday pivot point

19.25 Intraday support

18.95 Intraday support

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