Downside Prevails
Our Pivot: 25.61
Our Preference: Short sell Silver below 25.42 with strict stop loss of 25.61 and profit target at 25.17 with extension towards 25.00.
Alternate Scenario: Upward penetration of 25.61 will call for 25.73.
NOTE: Silver is moving downward after completing its intraday correction inside a bearish trend channel.
Chart with supports & resistances:
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