Tanalys

Silver spot Intraday: bullish bias above 15.27.

Pivot: 15.27

Our preference: Long positions above 15.27 with targets @ 15.64 15.86 in extension.

Alternative scenario: Below 15.27 look for further downside with 15.05 14.86 as targets.

Comment: A support base at 15.27 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

16.05

15.86

15.64

15.45 Last

15.27

15.05

14.86

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