Silver Intra-day Analysis 18th Feb. 2021
Under Pressure
Our Pivot: 27.72
Our Preference: Short sell Silver below 27.49 with strict stop loss of 27.72 and profit target at 27.05 with extension towards 26.84.
Alternate Scenario: Upward penetration of 27.72 will call for 28.00.
NOTE: Silver have retested supportive trend line of its previous bullish price channel as resistance and now its heading for bearish expansion.
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 | 4.6563 | 4.6605 | 4.7391 | 4.6261 |
| USOil | 63.172 | 63.206 | 63.693 | 62.738 |
| UKOil | 66.056 | 66.116 | 66.626 | 65.694 |
| NGAS | 3.5405 | 3.5525 | 3.63 | 3.4749 |
| WHEATF | 524.09 | 525.19 | 525.19 | 510.33 |
| XAUUSD | 3181.62 | 3181.92 | 3257.28 | 3174.92 |
| XAGUSD | 32.281 | 32.317 | 32.997 | 32.108 |