Downside Prevails
Our Pivot: 21.45
Our Preference: Start short selling Silver below 20.20 with strict stop loss of 20.45 and profit target at 19.78 with extension towards 119.65.
Alternate Scenario: Upward penetration of 20.45 will call for 20.60 and 20.82.
NOTE: Silver is moving for expansion of breakout of its descending wedge.
Chart with supports & resistances:
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