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 | 5.1028 | 5.107 | 5.2354 | 5.0409 |
| USOil | 60.613 | 60.647 | 60.732 | 59.622 |
| UKOil | 65.021 | 65.081 | 65.171 | 64.035 |
| NGAS | 3.9565 | 3.9685 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4009.27 | 4009.67 | 4015.15 | 3915.09 |
| XAGUSD | 48.699 | 48.894 | 48.999 | 47.165 |