Tanalys

Silver spot Intraday: key resistance at 15.62.

Pivot: 15.62

Our preference: Short positions below 15.62 with targets @ 15.3 15.16 in extension.

Alternative scenario: Above 15.62 look for further upside with 15.7 15.8 as targets.

Comment: As long as 15.62 is resistance, likely decline to 15.3.

Supports and resistances:

15.8

15.7

15.62

15.53 Last

15.3

15.16

15

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