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 | 6.6158 | 6.62 | 6.7788 | 6.5934 |
| USOil | 93.439 | 93.473 | 96.553 | 91.992 |
| UKOil | 106.1 | 106.14 | 108.841 | 104.395 |
| NGAS | 3.1425 | 3.1545 | 3.2444 | 3.0899 |
| WHEATF | 686.84 | 687.94 | 704.44 | 682.57 |
| XAUUSD | 4117.71 | 4118.01 | 4285.06 | 4110.8 |
| XAGUSD | 60.518 | 60.852 | 64.46 | 60.455 |