Tanalys

Silver spot Intraday: bullish bias above 15.78.

Pivot: 15.78

Our preference: Long positions above 15.78 with targets @ 16.38 16.6 in extension.

Alternative scenario: Below 15.78 look for further downside with 15.63 15.43 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

16.8 **

16.6 **

16.38 ***

16.11 Last

15.78 ***

15.63 **

15.43 **

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