Downside Prevails
Our Pivot: 26.50
Our Preference: Short sell below 26.28 with strict stop loss of 26.50 and profit target at 25.92 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.50 will call for 26.74.
NOTE: Silver is being capped by a descending trend line.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 4.6534 | 4.6576 | 4.7391 | 4.6261 |
USOil | 63.329 | 63.363 | 63.693 | 62.738 |
UKOil | 66.21 | 66.27 | 66.626 | 65.694 |
NGAS | 3.529 | 3.541 | 3.63 | 3.4749 |
WHEATF | 522.57 | 523.67 | 525.31 | 510.33 |
XAUUSD | 3182.23 | 3182.53 | 3257.28 | 3174.92 |
XAGUSD | 32.248 | 32.284 | 32.997 | 32.108 |