Under Pressure
Our Pivot: 21.85
Our Preference: Start short selling Silver below 21.69 with strict stop loss of 21.85 and profit target at 21.47 with extension towards 21.42.
Alternate Scenario: Upward penetration of 21.85 will call for 21.92 and 21.97.
NOTE: Silver is being capped by a descending trend line.
Chart with supports & resistances:
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