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
Copper4.64724.6514 4.7391 4.6261
USOil63.40963.443 63.693 62.738
UKOil66.28966.349 66.626 65.694
NGAS3.52943.5414 3.63 3.4749
WHEATF523.82524.92 525.31 510.33
XAUUSD3183.393183.69 3257.28 3174.92
XAGUSD32.22232.259 32.997 32.108


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