Silver Intra-day Analysis 4th Mar Feb. 2021

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: 

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper6.60216.6063 6.6097 6.5557
USOil100.922101.006 101.778 100.558
UKOil108.254108.314 109.871 107.73
NGAS3.07153.0835 3.1284 3.0259
WHEATF664.19665.29 665.44 656.83
XAUUSD4171.384171.68 4187.82 4163
XAGUSD57.24957.57 57.67 56.715


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