Rebound Insight
Our Pivot: 23.65
Our Preference: Start buying XAGUSD above 23.77 with strict stop loss of 23.65 and profit target at 23.95 with extension towards 24.08.
Alternate Scenario: Downward penetration of 23.65 will call for 23.40 and 23.19.
NOTE: Silver is trying to bounce back from correction level of its previous bullish rally.
Chart with supports & resistances:
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