Tanalys

Silver spot ST: bullish bias above 13.6.

Pivot: 13.6

Our preference: long positions above 13.6 with targets @ 15 15.6 in extension.

Alternative scenario: below 13.6 look for further downside with 13.4 13 as targets.

Comment: a support base at 13.6 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

16.36

15.6

15

13.982 Last

13.6

13.4

13

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