Tanalys

Silver spot Intraday: bullish bias above 16.08.

Pivot: 16.08

Our preference: Long positions above 16.08 with targets @ 16.9 17.2 in extension.

Alternative scenario: Below 16.08 look for further downside with 15.9 15.75 as targets.

Comment: The RSI is mixed.

Supports and resistances:

17.35

17.2

16.9

16.401 Last

16.08

15.9

15.75

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