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 | 6.617 | 6.6212 | 6.7788 | 6.5934 |
| USOil | 93.432 | 93.496 | 96.553 | 91.992 |
| UKOil | 106.1 | 106.14 | 108.841 | 104.395 |
| NGAS | 3.1425 | 3.1545 | 3.2444 | 3.0899 |
| WHEATF | 686.84 | 687.94 | 704.44 | 682.57 |
| XAUUSD | 4117.54 | 4118.44 | 4285.06 | 4110.8 |
| XAGUSD | 60.517 | 60.871 | 64.46 | 60.455 |