Under Pressure
Our Pivot: 23.37
Our Preference: Short sell silver below 23.24 with strict stop loss of 23.37 and profit target at 23.05 and 22.95.
Alternate Scenario: Upward penetration of 23.37 will call for 23.51.
NOTE: Silver is being capped by a horizontal resistant region along with a descending trend line.
Chart with supports & resistances:
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