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 | 6.3365 | 6.3407 | 6.3511 | 6.3285 |
| USOil | 81.747 | 81.781 | 83.296 | 79.087 |
| UKOil | 86.624 | 86.704 | 88.114 | 82.494 |
| NGAS | 2.6915 | 2.7035 | 2.706 | 2.6719 |
| WHEATF | 669.34 | 670.44 | 666.19 | 650.08 |
| XAUUSD | 4023.16 | 4023.46 | 4029.91 | 4013.5 |
| XAGUSD | 57.051 | 57.374 | 57.518 | 56.695 |