FxWirePro: Silver faces strong resistance around $14.40, good to sell on rallies

• Major resistance - $14.40 
   
• The commodity jumped till $14.36 and declined till $3.96. It is currently trading at $14. Short term trend is still weak as long as resistance $14.40 holds.
   
• Any break above $14.40 will take the commodity to next level around $14.65/$15./$15.25 level.
   
• On the downside minor support is around $14 and break below targets $13.80/$13.60 level. 
   
• Overall bullishness can be seen only above $14.65.

It is good to sell on rallies around $14.40 with SL around $14.65 for the TP of $13.80/$13.65.