Silver Intra-day Analysis 5th Mar Feb. 2021
Caution
Our Pivot: 25.44
Our Preference: Short sell below 25.28 with strict stop loss of 25.44 and profit target at 24.95 with extension towards 24.70.
Alternate Scenario: Upward penetration of 25.44 will call for 26.00.
NOTE: Silver is moving in a bearish price channel but its being supported by a strong supportive trend line at 24.70.
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 | 4.6488 | 4.653 | 4.7391 | 4.6261 |
| USOil | 63.392 | 63.426 | 63.693 | 62.738 |
| UKOil | 66.281 | 66.341 | 66.626 | 65.694 |
| NGAS | 3.5214 | 3.5334 | 3.63 | 3.4749 |
| WHEATF | 523.44 | 524.54 | 525.31 | 510.33 |
| XAUUSD | 3182.75 | 3183.05 | 3257.28 | 3174.92 |
| XAGUSD | 32.238 | 32.276 | 32.997 | 32.108 |