Downside Prevails
Our Pivot: 21.27
Our Preference: Start short selling Silver below 21.12 with strict stop loss of 21.27 and profit target at 20.95 and 20.82 with extension towards 20.60.
Alternate Scenario: Upward penetration of 21.37 will call for 21.50.
NOTE: Silver is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.