Silver breaks trend line support around $14.65, targets $14

Silver is trading narrow channel for past three trading session. It is facing strong support around $14.65 and any break below will drag the commodity further down till $14.45/$14 in short term.

• Short term trend reversal only above $15 and break above $15 would extend gains till $15.15/$15.70.
   
• The commodity minor resistance is around $14.80
   
• Silver further weakness can be seen only below $13.96.

It is good to sell on rallies around $14.60 with SL around $14.80 for the TP of $ 14.