Tanalys

Silver spot Intraday: bullish bias above 16.

Pivot: 16

Our preference: Long positions above 16 with targets @ 16.55 16.9 in extension.

Alternative scenario: Below 16 look for further downside with 15.54 15.24 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

17.3

16.9

16.55

16.22 Last

16

15.54

15.24

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