Tanalys

Silver spot Intraday: key resistance at 17.17.

Pivot: 17.17

Our preference: Short positions below 17.17 with targets @ 16.68 16.52 in extension.

Alternative scenario: Above 17.17 look for further upside with 17.37 17.6 as targets.

Comment: As long as 17.17 is resistance, likely decline to 16.68.

Supports and resistances:

17.6 **

17.37 **

17.17 ***

17.043 Last

16.68 **

16.52 **

16.26 **

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