Silver spot Intraday: capped by a negative trend line.
Pivot: 15.76
Our preference: Short positions below 15.76 with targets @ 15.3 & 15.2 in extension.
Alternative scenario: Above 15.76 look for further upside with 15.85 & 16 as targets.
Comment: As long as the resistance at 15.76 is not surpassed, the risk of the break below 15.3 remains high.
