Tanalys

Silver spot Intraday: bullish bias above 19.8.

Pivot: 19.8

Our preference: Long positions above 19.8 with targets @ 20.18 20.27 in extension.

Alternative scenario: Below 19.8 look for further downside with 19.72 19.63 as targets.

Comment: A support base at 19.8 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

20.46

20.27

20.18

19.915 Last

19.8

19.72

19.63

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