Silver Intraday: rebound expected.

Pivot: 36.05

Our preference: long positions above 36.05 with targets at 36.60 & 36.80 in extension.

Alternative scenario: below 36.05 look for further downside with 35.85 & 35.65 as targets.

Comment: a support base at 36.05 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

37.00

36.80

36.60

36.08 Last

36.05

35.85

35.65