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 | 5.1043 | 5.1085 | 5.2354 | 5.0409 |
| USOil | 60.537 | 60.571 | 60.732 | 59.622 |
| UKOil | 64.951 | 65.011 | 65.171 | 64.035 |
| NGAS | 3.9504 | 3.9624 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4012.39 | 4012.79 | 4015.15 | 3915.09 |
| XAGUSD | 48.729 | 48.927 | 48.999 | 47.165 |