Tanalys

Silver spot Intraday: key resistance at 17.

Pivot: 17

Our preference: Short positions below 17 with targets @ 16.52 16.26 in extension.

Alternative scenario: Above 17 look for further upside with 17.17 17.37 as targets.

Comment: The RSI has broken down its 30 level.

Supports and resistances:

17.37 **

17.17 **

17 ***

16.654 Last

16.52 **

16.26 **

16.15 **

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