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Silver has broken major resistance around $15.60 which confirms short term bullishness, a jump till $16.05/$16.45 is possible.
- Short term trend reversal can happen only below $15.40. Any break below $15.40 will drag the pair further down till $15/$14.38.
- On the higher side minor resistance is around $15.70 and break above targets $16.05/$16.45/$16.70
It is good to buy at dips around $15.60 with SL around $15.35 for the TP of $16.05/$16.45.
