Silver Intra-day Analysis 2nd Feb. 2021
Under Pressure
Our Pivot: 29.11
Our Preference: Short sell Silver below 28.75 with strict stop loss of 29.11 and profit target at 28.05 with extension towards 27.73.
Alternate Scenario: Upward penetration of 29.11 will call for 29.40 and 29.90.
NOTE: Silver have penetrated above resistant trend line with a positive gap on daily chart now its heading downward to fill that gap.
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 | 6.3378 | 6.342 | 6.3511 | 6.3285 |
| USOil | 81.718 | 81.752 | 83.296 | 79.087 |
| UKOil | 86.626 | 86.696 | 88.114 | 82.494 |
| NGAS | 2.6914 | 2.7034 | 2.706 | 2.6719 |
| WHEATF | 669.57 | 670.67 | 666.19 | 650.08 |
| XAUUSD | 4024.71 | 4025.01 | 4029.91 | 4013.5 |
| XAGUSD | 57.076 | 57.397 | 57.518 | 56.695 |