Tanalys

Silver spot Intraday: key resistance at 15.46.

Pivot: 15.46

Our preference: Short positions below 15.46 with targets @ 15.19 15.07 in extension.

Alternative scenario: Above 15.46 look for further upside with 15.6 15.67 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

15.67

15.6

15.46

15.32 Last

15.19

15.07

15

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