Tanalys

Silver spot Intraday: bullish bias above 17.8.

Pivot: 17.8

Our preference: Long positions above 17.8 with targets @ 18.2 18.34 in extension.

Alternative scenario: Below 17.8 look for further downside with 17.57 17.47 as targets.

Comment: Intraday technical indicators are mixed and call for caution.

Supports and resistances:

18.5 **

18.34 **

18.2 **

17.96 Last

17.8 ***

17.57 **

17.47 *

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