Silver Intra-day Analysis 24th Mar. 2021

Under Pressure

Our Pivot: 25.43

Our Preference: Short sell Silver below 25.28 with strict stop loss of 25.43 and profit target at 25.00 with extension towards 24.91.

Alternate Scenario: Upward penetration of 25.43 will call for 25.65.

NOTE: Silver is moving in a bearish price channel.

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
Copper4.57934.5835 4.5955 4.5346
USOil63.94763.981 64.568 63.869
UKOil67.40467.464 68.301 67.274
NGAS3.00713.0191 3.0215 2.9155
WHEATF533.09534.19 535.06 526.57
XAUUSD3443.33443.6 3450.39 3404.17
XAGUSD39.72239.761 39.986 38.713


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