Under Pressure
Our Pivot: 29.11
Our Preference: Short sell Silver below 28.75 with strict stop loss of 29.11 and profit target at 28.05 with extension towards 27.73.
Alternate Scenario: Upward penetration of 29.11 will call for 29.40 and 29.90.
NOTE: Silver have penetrated above resistant trend line with a positive gap on daily chart now its heading downward to fill that gap.
Chart with supports & resistances:

0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.