Silver Intra-day Analysis 16th Feb. 2021
Turning Down
Our Pivot: 28.09
Our Preference: Short sell Silver below 27.85 with strict stop loss of 28.09 and profit target at 27.50 with extension towards 27.32.
Alternate Scenario: Upward penetration of 28.09 will call for 28.31.
NOTE: Silver is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 5.105 | 5.1092 | 5.2354 | 5.0409 |
| USOil | 60.557 | 60.591 | 60.732 | 59.622 |
| UKOil | 64.97 | 65.03 | 65.171 | 64.035 |
| NGAS | 3.946 | 3.958 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4008.62 | 4009.02 | 4015.15 | 3915.09 |
| XAGUSD | 48.695 | 48.892 | 48.999 | 47.165 |