Silver Intra-day Analysis 22nd Feb. 2021

Under Pressure

Our Pivot: 28.05

Our Preference: Short sell Silver below 27.68 with strict stop loss of 28.05 and profit target at 27.25 with extension towards 27.00.

Alternate Scenario: Upward penetration of 28.05 will call for 28.34.

NOTE: Silver is being capped by a horizontal resistant region.

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
Copper4.65354.6577 4.7391 4.6261
USOil63.23263.266 63.693 62.738
UKOil66.13666.196 66.626 65.694
NGAS3.53093.5429 3.63 3.4749
WHEATF521.94523.04 525.31 510.33
XAUUSD3180.183180.48 3257.28 3174.92
XAGUSD32.23832.276 32.997 32.108


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