Silver Intra-day Analysis 1st Mar Feb. 2021
Turning Down
Our Pivot: 27.23
Our Preference: Short sell below 27.05 with strict stop loss of 27.23 and profit target at 26.64 with extension towards 26.31.
Alternate Scenario: Upward penetration of 27.23 will call for 27.45.
NOTE: Silver is being capped by a strong horizontal resistant region below its major correction level.
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 | 4.6438 | 4.648 | 4.7391 | 4.6261 |
| USOil | 63.449 | 63.483 | 63.693 | 62.738 |
| UKOil | 66.336 | 66.396 | 66.626 | 65.694 |
| NGAS | 3.5126 | 3.5246 | 3.63 | 3.4749 |
| WHEATF | 522.96 | 524.06 | 525.31 | 510.33 |
| XAUUSD | 3182.01 | 3182.31 | 3257.28 | 3174.92 |
| XAGUSD | 32.203 | 32.24 | 32.997 | 32.108 |