Under Pressure
Our Pivot: 27.05
Our Preference: Short sell Silver below 26.86 with strict stop loss of 27.05 and profit target at 26.43 with extension towards 26.25.
Alternate Scenario: Upward penetration of 27.03 will call for 27.30.
NOTE: Silver is moving in a bearish price channel on hourly chart.
Chart with supports & resistances:
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