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 | 6.1188 | 6.123 | 6.223 | 6.0609 |
| USOil | 74.608 | 74.642 | 76.093 | 71.729 |
| UKOil | 79.294 | 79.334 | 80.616 | 75.434 |
| NGAS | 3.2095 | 3.2215 | 3.3601 | 3.2114 |
| WHEATF | 605.7 | 606.8 | 627.43 | 610.07 |
| XAUUSD | 4076.55 | 4077.45 | 4134.2 | 4021.59 |
| XAGUSD | 58.295 | 58.625 | 61.188 | 57.063 |