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: 

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper4.92954.9337 5.0629 4.8779
USOil63.25763.291 63.993 62.494
UKOil65.23465.294 65.876 64.596
NGAS3.71663.7286 3.7964 3.6159
WHEATF545.7546.8 549.69 540.07
XAUUSD3351.543351.84 3403.56 3339.35
XAGUSD35.63935.673 36.088 34.417


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