Tanalys

Silver spot Intraday: key resistance at 17.22.

Pivot: 17.22

Our preference: Short positions below 17.22 with targets @ 16.7 16.5 in extension.

Alternative scenario: Above 17.22 look for further upside with 17.47 17.9 as targets.

Comment: As long as 17.22 is resistance, likely decline to 16.7.

Supports and resistances:

17.9 **

17.47 **

17.22 **

17.07 Last

16.7 *

16.5 **

16.15 **

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