Tanalys

Silver spot Intraday: key resistance at 15.93.

Pivot: 15.93

Our preference: Short positions below 15.93 with targets @ 15.57 15.42 in extension.

Alternative scenario: Above 15.93 look for further upside with 16.1 16.2 as targets.

Comment: As long as 15.93 is resistance, likely decline to 15.57.

Supports and resistances:

16.2 **

16.1 **

15.93 ***

15.848 Last

15.57 **

15.42 ***

15.25 **

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