Silver needs stability above $35,80 for rebound to $36,80
|The sharp sell off in Silver from $37.30 reached $35.50 and the new week Asian session trading witnesses some positive attempts to make a rebound towards $36.45 followed by $36.80
The current recovery requires stability above $35.80 which acts as local consolidation base.
Immediate resistance sits at $36.22 which bulls need to clear in order to move upward to $36.45
A strong break and stability above $36.45 opens the way to next leg higher $36.80
It is important to note that the immediate trend will flip to bearish if local support zone $35.80 fails to hold.
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