Tanalys

Silver spot Intraday: bullish bias above 19.3.

Pivot: 19.3

Our preference: Long positions above 19.3 with targets @ 20 20.15 in extension.

Alternative scenario: Below 19.3 look for further downside with 19 18.75 as targets.

Comment: A support base at 19.3 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

20.38

20.15

20

19.37 Last

19.3

19

18.75

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