Pivot: 15.79
Our preference: Short positions below 15.79 with targets @ 14.35 13.95 in extension.
Alternative scenario: Above 15.79 look for further upside with 16.36 17.18 as targets.
Comment: The RSI broke below a rising trend line. Silver broke below its 20-day and 50-day MAs, while the 20-day one is turning down.
Supports and resistances:
17.18
16.36
15.79
15.00 Last
14.35
13.95
13.4
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