Under Pressure
Our Pivot: 19.42
Our Preference: Start short selling Silver below 19.20 with strict stop loss of 19.42 and profit target at 18.87 with extension towards 18.70.
Alternate Scenario: Upward penetration of 19.42 will call for 19.67 and 19.82.
NOTE: Silver is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
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