Under Pressure
Our Pivot: 26.13
Our Preference: Short sell Silver below 26.02 with strict stop loss of 26.13 and profit target at 25.86 with extension towards 25.77.
Alternate Scenario: Upward penetration of 26.13 will call for 26.27.
NOTE: Silver is trying to penetrate below its major supportive trend line.
Chart with supports & resistances:
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