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 | 6.5404 | 6.5446 | 6.6197 | 6.5111 |
| USOil | 85.624 | 85.658 | 85.721 | 84.602 |
| UKOil | 91.414 | 91.474 | 91.865 | 90.591 |
| NGAS | 2.7205 | 2.7325 | 2.7335 | 2.6864 |
| WHEATF | 690.33 | 691.43 | 696.56 | 674.83 |
| XAUUSD | 4389.01 | 4389.31 | 4436.39 | 4386.05 |
| XAGUSD | 64.704 | 65.025 | 66.725 | 64.594 |