Tanalys

Silver spot Intraday: bullish bias above 20.5.

Pivot: 20.5

Our preference: Long positions above 20.5 with targets @ 21.50 21.75 in extension.

Alternative scenario: Below 20.5 look for further downside with 20.3 20 as targets.

Comment: The RSI is bullish and calls for further advance.

Supports and resistances:

22.18

21.75

21.50

21.05 Last

20.50

20.3

20

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