Tanalys

Silver spot ST: bullish bias above 15.07.

Pivot: 15.07

Our preference: Long positions above 15.07 with targets @ 16.34 16.9 in extension.

Alternative scenario: Below 15.07 look for further downside with 14.35 13.95 as targets.

Comment: A support base at 15.07 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

17.77

16.9

16.34

15.471 Last

15.07

14.35

13.95

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