Tanalys

Silver spot Intraday: continuation of the rebound.

Pivot: 19.8

Our preference: Long positions above 19.8 with targets @ 20.18 20.4 in extension.

Alternative scenario: Below 19.8 look for further downside with 19.65 19.3 as targets.

Comment: the RSI is bullish and calls for further upside. A declining trend line is broken.

Supports and resistances:

20.6

20.4

20.18

20.13 Last

19.8

19.65

19.3

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