Tanalys

Silver spot Intraday: bullish bias above 15.5.

Pivot: 15.5

Our preference: Long positions above 15.5 with targets @ 15.9 16.23 in extension.

Alternative scenario: Below 15.5 look for further downside with 15 14.7 as targets.

Comment: The break above 15.5 is a positive signal that has opened a path to 15.9.

Supports and resistances:

16.55

16.23

15.9

15.62 Last

15.5

15

14.7

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