Under Pressure
Our Pivot: 28.05
Our Preference: Short sell Silver below 27.68 with strict stop loss of 28.05 and profit target at 27.25 with extension towards 27.00.
Alternate Scenario: Upward penetration of 28.05 will call for 28.34.
NOTE: Silver is being capped by a horizontal resistant region.
Chart with supports & resistances:
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