Downside Prevails
Our Pivot: 19.10
Our Preference: Start short selling Silver below 18.95 with strict stop loss of 19.10 and profit target at 18.74 with extension towards 18.60.
Alternate Scenario: Upward penetration of 19.10 will call for 19.22 and 19.30.
NOTE: Silver is being capped by a horizontal resistant region.
Chart with supports & resistances:
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