Tanalys

Silver spot Intraday: key resistance at 20.11.

Pivot: 20.11

Our preference: Short positions below 20.11 with targets @ 19.72 19.5 in extension.

Alternative scenario: Above 20.11 look for further upside with 20.25 20.43 as targets.

Comment: As long as the resistance at 20.11 is not surpassed, the risk of the break below 19.72 remains high.

Supports and resistances:

20.43

20.25

20.11

19.93 Last

19.72

19.5

19.35

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