Under Pressure
Our Pivot: 21.89
Our Preference: Start Short Selling Silver below 21.75 with strict stop loss of 21.89 and profit target at 21.59 with extension towards 21.55.
Alternate Scenario: Upward penetration of 21.89 will call for 21.97 and 22.06.
NOTE: Silver have penetrated below its supported its supportive trend line.
Chart with supports & resistances:
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