Tanalys

Silver spot ST: key resistance at 15.67.

Pivot: 15.67

Our preference: Short positions below 15.67 with targets @ 13.6 13 in extension.

Alternative scenario: Above 15.67 look for further upside with 16.44 17.2 as targets.

Comment: As long as 15.67 is resistance, likely decline to 13.6.

Supports and resistances:

17.2 **

16.44 **

15.67 ***

14.879 Last

13.6 **

13 **

12.3 **

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