Tanalys

Silver spot Intraday: key resistance at 19.7.

Pivot: 19.7

Our preference: Short positions below 19.7 with targets @ 19.2 19 in extension.

Alternative scenario: Above 19.7 look for further upside with 20.15 20.38 as targets.

Comment: As long as 19.7 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

20.38

20.15

19.7

19.47 Last

19.2

19

18.65

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