Silver spot Intraday: key resistance at 16.9.
Pivot: 16.9
Our preference: Short positions below 16.9 with targets @ 16.41 & 16.3 in extension.
Alternative scenario: Above 16.9 look for further upside with 17.14 & 17.4 as targets.
Comment: As long as 16.9 is resistance, likely decline to 16.41
