Silver gained further downside momentum, approaching 19.20-horizontal support level, after breaking the ascending support that carried the latest bullish correction. Price remains within the downside trend and accordingly, further downside movement is seen.
Support: 19.25, 19.00, 18.70, 18.50, 18.30
Resistance: 19.50, 19.80, 20.00, 20.20, 20.60
Recommendation Short below 19.60 targets at 19.00, 18.70 and 18.20. Invalidation above 20.10