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 | 5.105 | 5.1092 | 5.2354 | 5.0409 |
| USOil | 60.557 | 60.591 | 60.732 | 59.622 |
| UKOil | 64.969 | 65.029 | 65.171 | 64.035 |
| NGAS | 3.9484 | 3.9604 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4008.55 | 4008.95 | 4015.15 | 3915.09 |
| XAGUSD | 48.698 | 48.894 | 48.999 | 47.165 |