Tanalys

Silver spot Intraday: intraday support around 15.97.

Pivot: 15.97

Our preference: Long positions above 15.97 with targets @ 16.15 16.25 in extension.

Alternative scenario: Below 15.97 look for further downside with 15.8 15.59 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

16.37

16.25

16.15

16.02 Last

15.97

15.8

15.59

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