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 | 6.6018 | 6.606 | 6.6097 | 6.5557 |
| USOil | 100.904 | 100.958 | 101.778 | 100.558 |
| UKOil | 108.196 | 108.256 | 109.871 | 107.73 |
| NGAS | 3.0725 | 3.0845 | 3.1284 | 3.0259 |
| WHEATF | 664.19 | 665.29 | 665.44 | 656.83 |
| XAUUSD | 4172.14 | 4172.44 | 4187.82 | 4163 |
| XAGUSD | 57.254 | 57.574 | 57.67 | 56.715 |