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 | 6.338 | 6.3422 | 6.3511 | 6.3285 |
| USOil | 81.719 | 81.753 | 83.296 | 79.087 |
| UKOil | 86.636 | 86.706 | 88.114 | 82.494 |
| NGAS | 2.6916 | 2.7036 | 2.706 | 2.6719 |
| WHEATF | 669.33 | 670.43 | 666.19 | 650.08 |
| XAUUSD | 4023.97 | 4024.27 | 4029.91 | 4013.5 |
| XAGUSD | 57.06 | 57.38 | 57.518 | 56.695 |