Tanalys

Silver spot Intraday: break of a ST rising trendline support.

Pivot: 19.5

Our preference: Short positions below 19.5 with targets @ 19 18.75 in extension.

Alternative scenario: Above 19.5 look for further upside with 19.8 20 as targets.

Comment: The RSI is bearish and calls for further decline.

Supports and resistances:

20

19.8

19.5

19.13 Last

19

18.75

18.62

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