Downside Prevails
Our Pivot: 22.02
Our Preference: Short sell Silver below 21.89 with strict stop loss of 22.02 and profit target at 21.73 with extension towards 21.65.
Alternate Scenario: Upward penetration of 22.02 will call for 22.13.
NOTE: Silver is in expansion mode of breakout of its previous ascending wedge on hourly chart.
Chart with supports & resistances:
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