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:
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 | 6.3375 | 6.3417 | 6.3511 | 6.3285 |
| USOil | 81.757 | 81.791 | 83.296 | 79.087 |
| UKOil | 86.664 | 86.734 | 88.114 | 82.494 |
| NGAS | 2.6916 | 2.7036 | 2.706 | 2.6719 |
| WHEATF | 669.33 | 670.43 | 666.19 | 650.08 |
| XAUUSD | 4023.84 | 4024.14 | 4029.91 | 4013.5 |
| XAGUSD | 57.054 | 57.375 | 57.518 | 56.695 |