Under Pressure
Our Pivot: 25.83
Our Preference: Short sell Silver above 25.54 with strict stop loss of 25.83 and profit target at 25.10 with extension towards 24.93.
Alternate Scenario: Upward penetration of 25.83 will call for 26.30.
NOTE: Silver is caged in a descending wedge and right now its facing resistance from descending trend line.
Chart with supports & resistances:
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