Silver Intra-day Analysis 4th Feb. 2021
Under Pressure
Our Pivot: 26.73
Our Preference: Short sell Silver below 26.50 with strict stop loss of 26.73 and profit target at 26.03 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.73 will call for 27.00.
NOTE: Silver is being capped by a resistant trend line.
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 | 4.9311 | 4.9353 | 5.0629 | 4.8779 |
| USOil | 63.208 | 63.242 | 63.993 | 62.494 |
| UKOil | 65.184 | 65.244 | 65.876 | 64.596 |
| NGAS | 3.7294 | 3.7414 | 3.7964 | 3.6159 |
| WHEATF | 545.83 | 546.93 | 549.69 | 540.07 |
| XAUUSD | 3350.26 | 3350.56 | 3403.56 | 3339.35 |
| XAGUSD | 35.567 | 35.603 | 36.088 | 34.417 |