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 | 6.7969 | 6.8011 | 6.8119 | 6.6997 |
| USOil | 93.649 | 93.683 | 94.736 | 92.108 |
| UKOil | 98.301 | 98.361 | 99.481 | 96.744 |
| NGAS | 2.9705 | 2.9825 | 2.9986 | 2.9355 |
| WHEATF | 751.2 | 752.3 | 763.44 | 732.09 |
| XAUUSD | 4403.14 | 4403.44 | 4443.19 | 4387.86 |
| XAGUSD | 65.959 | 66.281 | 67.34 | 65.532 |