Tanalys

Silver spot Intraday: key resistance at 15.8.

Pivot: 15.8

Our preference: Short positions below 15.8 with targets @ 15.46 15.25 in extension.

Alternative scenario: Above 15.8 look for further upside with 15.93 16.08 as targets.

Comment: As long as 15.8 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

16.08

15.93

15.8

15.626 Last

15.46

15.25

15

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