Tanalys

Silver spot Intraday: key resistance at 20.75.

Pivot: 20.75

Our preference: Short positions below 20.75 with targets @ 20.1 19.9 in extension.

Alternative scenario: Above 20.75 look for further upside with 21.05 21.32 as targets.

Comment: The index currently faces a challenging resistance area at 20.75.

Supports and resistances:

21.32

21.05

20.75

20.704 Last

20.1

19.9

19.7

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