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 | 6.7967 | 6.8009 | 6.8119 | 6.6997 |
| USOil | 93.654 | 93.688 | 94.736 | 92.108 |
| UKOil | 98.31 | 98.37 | 99.481 | 96.744 |
| NGAS | 2.9704 | 2.9824 | 2.9986 | 2.9355 |
| WHEATF | 751.33 | 752.43 | 763.44 | 732.09 |
| XAUUSD | 4404.14 | 4404.44 | 4443.19 | 4387.86 |
| XAGUSD | 65.976 | 66.297 | 67.34 | 65.532 |