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
Copper5.10485.109 5.2354 5.0409
USOil60.61760.651 60.732 59.622
UKOil65.0265.08 65.171 64.035
NGAS3.95653.9685 3.9496 3.7804
WHEATF523.83524.93 535.94 519.82
XAUUSD4010.24010.6 4015.15 3915.09
XAGUSD48.70148.899 48.999 47.165


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