Caution
Our Pivot: 23.45
Our Preference: Start buying XAGUSD above 23.60 with strict stop loss of 23.45 and profit target at 23.76 with extension towards 23.85.
Alternate Scenario: Downward penetration of 23.45 will call for 23.30 and 23.23.
NOTE: Silver is being caged in a tight range.
Chart with supports & resistances:
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