SILVER (Spot) intraday: up turn.
Pivot: 26.65
Our preference: LONG positions above 26.65 with 27.07 & 27.35 in sight.
Alternative scenario: The downside breakout of 26.65 will open the way to 26.45 & 26.
Comment: a support base around 26.7 has formed and has allowed for a temporary stabilisation. The RSI has just landed on a support around 30% and is reversing up. Finally, the falling wedge pattern calls for 27.35.