Tanalys

Silver spot Intraday: bullish bias above 20.95.

Pivot: 20.95

Our preference: Long positions above 20.95 with targets @ 21.75 22.17 in extension.

Alternative scenario: Below 20.95 look for further downside with 20.57 20.1 as targets.

Comment: a support base at 20.95 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

22.45

22.17

21.75

21.27 Last

20.95

20.57

20.1

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