Tanalys

Silver spot MT: under pressure.

Pivot: 20

Our preference: Short positions below 20 with targets @ 16.5 15.6 in extension.

Alternative scenario: Above 20 look for further upside with 21.6 23.05 as targets.

Comment: Technically the RSI is below its neutrality area at 50.

Supports and resistances:

23.05

21.6

20

17.16 Last

16.5

15.6

14.7

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