Tanalys

Silver spot Intraday: bullish bias above 15.43.

Pivot: 15.43

Our preference: Long positions above 15.43 with targets @ 16 16.23 in extension.

Alternative scenario: Below 15.43 look for further downside with 15.05 14.7 as targets.

Comment: A support base at 15.43 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

16.55

16.23

16

15.71 Last

15.43

15.05

14.7

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