Silver Intra-day Analysis 1st Feb. 2021
Further Advance
Our Pivot: 28.00
Our Preference: Buy Silver above 28.43 with strict stop loss of 28.00 and profit target at 29.22 with extension towards 29.50.
Alternate Scenario: Downward penetration of 28.00 will call for 27.70.
NOTE: Silver have penetrated above resistant trend line with a positive gap on daily chart now its heading towards resistant trend line of its bullish price channel.
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 | 4.6521 | 4.6563 | 4.7391 | 4.6261 |
| USOil | 63.379 | 63.413 | 63.693 | 62.738 |
| UKOil | 66.265 | 66.325 | 66.626 | 65.694 |
| NGAS | 3.537 | 3.549 | 3.63 | 3.4749 |
| WHEATF | 522.21 | 523.31 | 525.31 | 510.33 |
| XAUUSD | 3181.39 | 3181.69 | 3257.28 | 3174.92 |
| XAGUSD | 32.234 | 32.27 | 32.997 | 32.108 |