Tanalys

Silver spot Intraday: bullish bias above 20.55.

Pivot: 20.55

Our preference: Long positions above 20.55 with targets @ 21.32 21.57 in extension.

Alternative scenario: Below 20.55 look for further downside with 20.4 20.1 as targets.

Comment: A support base at 20.55 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

21.78

21.57

21.32

20.896 Last

20.55

20.4

20.1

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