Tanalys

Silver spot ST: bullish bias above 15.

Pivot: 15

Our preference: Long positions above 15 with targets @ 16.9 17.45 in extension.

Alternative scenario: Below 15 look for further downside with 14.1 13.2 as targets.

Comment: A support base at 15 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

18.6 **

17.45 **

16.9 **

15.886 Last

15 ***

14.1 **

13.2 **

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