Tanalys

Silver spot ST: bullish bias above 14.65.

Pivot: 14.65

Our preference: Long positions above 14.65 with targets @ 15.9 16.44 in extension.

Alternative scenario: Below 14.65 look for further downside with 14.1 13 as targets.

Comment: A support base at 14.65 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

17.2 **

16.44 **

15.9 ***

14.808 Last

14.65 ***

14.1 **

13 **

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