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 | 6.3379 | 6.3421 | 6.3511 | 6.3285 |
| USOil | 81.727 | 81.761 | 83.296 | 79.087 |
| UKOil | 86.616 | 86.696 | 88.114 | 82.494 |
| NGAS | 2.6914 | 2.7034 | 2.706 | 2.6719 |
| WHEATF | 669.57 | 670.67 | 666.19 | 650.08 |
| XAUUSD | 4024.78 | 4025.08 | 4029.91 | 4013.5 |
| XAGUSD | 57.076 | 57.398 | 57.518 | 56.695 |