Rebound Insight
Our Pivot: 24.30
Our Preference: Start buying above 24.40 with strict stop loss of 24.30 and profit target at 24.57 with extension towards 24.62.
Alternate Scenario: Downward penetration of 24.30 will call for 24.21 and 24.17.
NOTE: Silver is moving back after getting support from supportive trend line of its descending price channel.
Chart with supports & resistances:
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