Tanalys

Silver spot Intraday: bullish bias above 21.05.

Pivot: 21.05

Our preference: Long positions above 21.05 with targets @ 21.33 21.5 in extension.

Alternative scenario: Below 21.05 look for further downside with 20.82 20.66 as targets.

Comment: a support base at 21.05 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

21.75

21.5

21.33

21.24 Last

21.05

20.82

20.66

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