Silver fluctuated yesterday, forming an indecisive long legged doji candle while below the major resistance level at 22.00, hinting a possible downside reversal. Accordingly, the downside scenario remains favored as long as below 22.00 areas.
Support: 21.20, 20.60, 20.35, 20.00, 19.65
Resistance: 21.50, 21.80, 22.05, 22.50, 22.90
Recommendation Short below 22.00, targets at 21.25 and 20.60. Invalidation above 22.50