Tanalys

Silver spot Intraday: key resistance at 15.96.

Pivot: 15.96

Our preference: Short positions below 15.96 with targets @ 15.68 15.5 in extension.

Alternative scenario: Above 15.96 look for further upside with 16.08 16.23 as targets.

Comment: As long as 15.96 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

16.23

16.08

15.96

15.82 Last

15.68

15.5

15.4

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