Under Pressure
Our Pivot: 24.36
Our Preference: Short sell below 24.20 with strict stop loss of 24.36 and profit target at 23.90 with extension towards 23.75.
Alternate Scenario: Upward penetration of 24.36 will call for 24.43 and 24.51.
NOTE: Silver is about to complete its correction where its being capped by a strong horizontal resistance along with a descending trend line.
Chart with supports & resistances:
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