Tanalys

Silver spot Intraday: capped by a negative trend line.

Pivot: 19.85

Our preference: Short positions below 19.85 with targets @ 19.3 19 in extension.

Alternative scenario: Above 19.85 look for further upside with 20.05 20.3 as targets.

Comment: the RSI is capped by a bearish trend line.

Supports and resistances:

20.3

20.05

19.85

19.49 Last

19.3

19

18.6

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