Tanalys

Silver spot Intraday: bullish bias above 20.

Pivot: 20

Our preference: Long positions above 20 with targets @ 20.72 20.95 in extension.

Alternative scenario: Below 20 look for further downside with 19.65 19 as targets.

Comment: a support base at 20 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

21.45

20.95

20.72

20.11 Last

20

19.65

19

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