Tanalys

Silver spot Intraday: bullish bias above 16.9.

Pivot: 16.9

Our preference: Long positions above 16.9 with targets @ 17.7 18 in extension.

Alternative scenario: Below 16.9 look for further downside with 16.63 16.5 as targets.

Comment: The RSI advocates for further upside.

Supports and resistances:

18.24 **

18 **

17.7 **

17.478 Last

16.9 **

16.63 **

16.5 **

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