Under Pressure
Our Pivot: 24.30
Our Preference: Short sell below 24.16 with strict stop loss of 24.30 and profit target at 23.81 with extension towards 23.65.
Alternate Scenario: Upward penetration of 24.30 will call for 24.38 and 24.51.
NOTE: Silver is being caped by a strong resistant trend line after completion of its bearish correction.
Chart with supports & resistances:
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