Under Pressure
Our Pivot: 21.66
Our Preference: Start short selling Silver below 21.47 with strict stop loss of 21.66 and profit target at 21.25 with extension towards 21.10.
Alternate Scenario: Upward penetration of 21.66 will call for 21.82 and 21.93.
NOTE: Silver is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
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