Downside Prevails
Our Pivot: 21.05
Our Preference: Start short selling Silver below 20.86 with strict stop loss of 21.05 and profit target at 20.68 with extension towards 20.60.
Alternate Scenario: Upward penetration of 21.05 will call for 21.14 and 21.30.
NOTE: Silver is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
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