Tanalys

Silver spot Intraday: key resistance at 16.82.

Pivot: 16.82

Our preference: Short positions below 16.82 with targets @ 16.53 16.45 in extension.

Alternative scenario: Above 16.82 look for further upside with 17.02 17.18 as targets.

Comment: Intraday technical indicators are mixed and call for caution.

Supports and resistances:

17.18

17.02

16.82

16.74 Last

16.53

16.45

16.3

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