Under Pressure
Our Pivot: 21.55
Our Preference: Start short selling Silver below 21.34 with strict stop loss of 21.55 and profit target at 21.14 and 21.00.
Alternate Scenario: Upward penetration of 21.55 will call for 21.67 and 21.82.
NOTE: Silver is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
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