Silver spot Intraday: bullish bias above 27.1100.

Trading Central 2021-02-22 18:35:07

Pivot: 27.1100

Our preference: long positions above 27.1100 with targets at 27.6900 & 27.9400 in extension.

Alternative scenario: below 27.1100 look for further downside with 26.9200 & 26.7500 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

28.1700

27.9400

27.6900

27.5060 Last

27.1100

26.9200

26.7500

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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