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 | 5.1015 | 5.1057 | 5.2354 | 5.0409 |
| USOil | 60.603 | 60.637 | 60.732 | 59.622 |
| UKOil | 65.016 | 65.076 | 65.171 | 64.035 |
| NGAS | 3.9586 | 3.9706 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4008.57 | 4008.97 | 4015.15 | 3915.09 |
| XAGUSD | 48.691 | 48.889 | 48.999 | 47.165 |