Tanalys

Silver spot Intraday: bullish bias above 17.

Pivot: 17

Our preference: Long positions above 17 with targets @ 17.63 18 in extension.

Alternative scenario: Below 17 look for further downside with 16.9 16.63 as targets.

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

Supports and resistances:

18.24 **

18 **

17.63 **

17.451 Last

17 **

16.9 **

16.63 **

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