Tanalys

Silver spot Intraday: bullish bias above 18.95.

Pivot: 18.95

Our preference: Long positions above 18.95 with targets @ 19.3 19.5 in extension.

Alternative scenario: Below 18.95 look for further downside with 18.67 18.5 as targets.

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

Supports and resistances:

19.7

19.5

19.3

19.16 Last

18.95

18.67

18.5

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