Tanalys

Silver spot Intraday: key resistance at 21.2.

Pivot: 21.2

Our preference: Short positions below 21.2 with targets @ 20.80 20.65 in extension.

Alternative scenario: Above 21.2 look for further upside with 21.32 21.57 as targets.

Comment: As long as the resistance at 21.2 is not surpassed, the risk of the break below 20.80 remains high.

Supports and resistances:

21.57

21.32

21.2

20.96 Last

20.80

20.65

20.4

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