Tanalys

Silver Intraday: key resistance at 20.45.

Pivot: 20.45

Our preference: Short positions below 20.45 with targets @ 19.27 18.85 in extension.

Alternative scenario: Above 20.45 look for further upside with 20.95 21.36 as targets.

Comment: as long as 20.45 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

21.36

20.95

20.45

20.18 Last

19.27

18.85

18.6

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