Silver spot Intraday: key resistance at 16.16.
Pivot: 16.16
Our preference: Short positions below 16.16 with targets @ 15.93 & 15.79 in extension.
Alternative scenario: Above 16.16 look for further upside with 16.37 & 16.53 as targets.
Comment: As long as 16.16 is resistance, look for choppy price action with a bearish bias.
