Tanalys

Silver spot Intraday: key resistance at 17.15.

Pivot: 17.15

Our preference: Short positions below 17.15 with targets @ 16.5 16.2 in extension.

Alternative scenario: Above 17.15 look for further upside with 17.4 17.7 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

17.7 **

17.4 **

17.15 **

17.004 Last

16.5 **

16.2 **

16 **

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