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 | 6.6034 | 6.6076 | 6.6097 | 6.5557 |
| USOil | 100.974 | 101.048 | 101.778 | 100.558 |
| UKOil | 108.314 | 108.374 | 109.871 | 107.73 |
| NGAS | 3.0679 | 3.0799 | 3.1284 | 3.0259 |
| WHEATF | 664.32 | 665.42 | 665.44 | 656.83 |
| XAUUSD | 4173.57 | 4173.87 | 4187.82 | 4163 |
| XAGUSD | 57.315 | 57.638 | 57.67 | 56.715 |