Rebound Insight
Our Pivot: 23.20
Our Preference: Start buying XAGUSD above 23.36 with strict stop loss of 23.20 and profit target at 23.58 with extension towards 23.67.
Alternate Scenario: Downward penetration of 23.20 will call for 23.05 and 22.90.
NOTE: Silver is being supported by a strong horizontal supportive region.
Chart with supports & resistances:
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