UNITED STATES (VOP TODAY NEWS) –
Silver spot Intraday: capped by a negative trend line.
Pivot: 16.7600
Our preference: short positions below 16.7600 with targets at 16.4500 & 16.3700 in extension.
Alternative scenario: above 16.7600 look for further upside with 16.8400 & 16.9400 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
16.9400
16.8400
16.7600
16.6100 Last
16.4500
16.3700
16.2800