Tanalys

Silver spot Intraday: bullish bias above 15.9.

Pivot: 15.9

Our preference: Long positions above 15.9 with targets @ 16.55 16.9 in extension.

Alternative scenario: Below 15.9 look for further downside with 15.43 15.24 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Supports and resistances:

17.3

16.9

16.55

16.25 Last

15.9

15.43

15.24

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