• Silver is trading narrow channel for past three trading session. It is facing strong support around $14.65 and any break below will drag the commodity further down till $14.45/$14 in short term.
  • Short term trend reversal only above $15 and break above $15 would extend gains till $15.15/$15.70.
  • Silver further weakness can be seen only below $13.96.

It is good to sell on rallies around $14.68-72 with SL around $15 for the TP of $ 14

The material has been provided by InstaForex Company – www.instaforex.com