Turning Down
Our Pivot: 23.96
Our Preference: Start short selling Silver below 23.78 with strict stop loss of 23.96 and profit target at 23.59 with extension towards 23.50.
Alternate Scenario: Upward penetration of 23.96 will call for 24.12.
NOTE: Silver is being capped by correction levels of its previous bearish rally.
Chart with supports & resistances:
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