Tanalys

Silver spot Intraday: bullish bias above 19.1.

Pivot: 19.1

Our preference: Long positions above 19.1 with targets @ 19.5 19.7 in extension.

Alternative scenario: Below 19.1 look for further downside with 18.95 18.67 as targets.

Comment: The RSI has just broken above a declining trend line.

Supports and resistances:

20

19.7

19.5

19.23 Last

19.1

18.95

18.67

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