Tanalys

Silver spot Intraday: key resistance at 15.98.

Pivot: 15.98

Our preference: Short positions below 15.98 with targets @ 15.69 15.6 in extension.

Alternative scenario: Above 15.98 look for further upside with 16.12 16.2 as targets.

Comment: The index currently faces a challenging resistance area at 15.98.

Supports and resistances:

16.2

16.12

15.98

15.96 Last

15.69

15.6

15.51

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