Downside Prevails
Our Pivot: 19.30
Our Preference: Start short selling Silver below 19.10 with strict stop loss of 19.30 and profit target at 18.67 with extension towards 18.50.
Alternate Scenario: Upward penetration of 19.30 will call for 19.55.
NOTE: Silver is moving towards expansion of its last bearish breakout.
Chart with supports & resistances:
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