Downside Prevails
Our Pivot: 26.50
Our Preference: Short sell below 26.28 with strict stop loss of 26.50 and profit target at 25.92 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.50 will call for 26.74.
NOTE: Silver is being capped by a descending trend line.
Chart with supports & resistances:
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