Silver Intra-day Analysis 12th Feb. 2021

Under Pressure

Our Pivot: 27.32

Our Preference: Short sell Silver below 27.10 with strict stop loss of 27.32 and profit target at 26.82 with extension towards 26.70.

Alternate Scenario: Upward penetration of 27.32 will call for 27.51.

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
Copper4.92914.9333 5.0629 4.8779
USOil63.32363.357 63.993 62.494
UKOil65.28565.345 65.876 64.596
NGAS3.7263.738 3.7964 3.6159
WHEATF545.95547.05 549.69 540.07
XAUUSD3351.863352.16 3403.56 3339.35
XAGUSD35.6235.655 36.088 34.417


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