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Silver breaks minor resistance around $14.95, slight jump till $16 is possible

Silver has broken minor trend line resistance around $14.95 which confirms short term bullishness, a jump till $16.05 is possible.

  • Short term trend reversal can happen only below $14.75. Any break below $14.75 will drag the pair further down till $14.38/$14.
     
  • On the higher side minor resistance is around $15.40 and break above targets $15.80/$16.05.

It is good to buy at dips around $15.20 with SL around $14.75 for the TP of $16

 

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