Silver Intra-day Analysis 11th Feb. 2021

Under Pressure

Our Pivot: 27.13

Our Preference: Short sell Silver below 26.93 with strict stop loss of 27.13 and profit target at 26.70 with extension towards 26.43.

Alternate Scenario: Upward penetration of 27.13 will call for 27.32.

NOTE: Silver is moving in a bearish price channel.

Chart with supports & resistances: 

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper4.57924.5834 4.5955 4.5346
USOil63.94763.981 64.568 63.869
UKOil67.40467.464 68.301 67.274
NGAS3.00353.0155 3.0215 2.9155
WHEATF533.09534.19 535.06 526.57
XAUUSD3443.153443.45 3450.39 3404.17
XAGUSD39.71739.76 39.986 38.713


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