Tanalys

Silver spot Intraday: key resistance at 16.3.

Pivot: 16.3

Our preference: Short positions below 16.3 with targets @ 15.64 15.4 in extension.

Alternative scenario: Above 16.3 look for further upside with 16.75 17 as targets.

Comment: The RSI is mixed with a bearish bias.

Supports and resistances:

17

16.75

16.3

16.11 Last

15.64

15.4

15

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