Tanalys

Silver spot Intraday: 16.95 expected.

Pivot: 16.1

Our preference: Long positions above 16.1 with targets @ 16.7 16.95 in extension.

Alternative scenario: Below 16.1 look for further downside with 15.8 15.42 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

17.33 **

16.95 **

16.7 **

16.5 Last

16.1 **

15.8 **

15.42 **

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