Tanalys

Silver spot ST: bullish bias above 16.14.

Pivot: 16.14

Our preference: Long positions above 16.14 with targets @ 18.6 19.9 in extension.

Alternative scenario: Below 16.14 look for further downside with 15 14.1 as targets.

Comment: The RSI is supported by a rising trend line.

Supports and resistances:

20.8 **

19.9 **

18.6 **

18.02 Last

16.14 ***

15 **

14.1 **

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