Our preference: a daily close above 20.6 would call for a re-test of the 23.05 area.
Alternative scenario: below 18.2 expect a drop to 15.65 and 14.7.
Comment: The RSI is around its neutrality area at 50% . We watch 18.2 and 20.60 as major breakout levels, a breach of either level should determine Silver’s direction.
Trend: ST consolidation; MT range.
Supports and resistances:
25.1
23.05
20.6
19.32 Last
18.2
15.65
14.7
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