Tanalys

Silver spot Intraday: key resistance at 17.3.

Pivot: 17.3

Our preference: Short positions below 17.3 with targets @ 16.7 16.45 in extension.

Alternative scenario: Above 17.3 look for further upside with 17.57 17.77 as targets.

Comment: As long as 17.3 is resistance, likely decline to 16.7.

Supports and resistances:

17.77

17.57

17.3

17.109 Last

16.7

16.45

16.1

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