Tanalys

Silver spot Intraday: key resistance at 17.35.

Pivot: 17.35

Our preference: Short positions below 17.35 with targets @ 16.85 16.7 in extension.

Alternative scenario: Above 17.35 look for further upside with 17.55 17.8 as targets.

Comment: As long as 17.35 is resistance, likely decline to 16.85.

Supports and resistances:

17.8

17.55

17.35

17.037 Last

16.85

16.7

16.45

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