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Silver has broken major support $14.45 and declined till $14.28. It is currently trading at $14.41. The commodity is facing strong support around $13.99 and any break below will drag the commodity further down till $13.31/$13 in short term.
- Short term trend reversal only above $15 and break above $15 would extend gains till $15.15/$15.70.
- The commodity minor resistance is around $14.80
- Silver further weakness can be seen only below $13.96.
It is good to sell on rallies around $14.60 with SL around $15 for the TP of $ 14/$13.31.
