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 | 6.6021 | 6.6063 | 6.6097 | 6.5557 |
| USOil | 100.932 | 101.006 | 101.778 | 100.558 |
| UKOil | 108.24 | 108.3 | 109.871 | 107.73 |
| NGAS | 3.0715 | 3.0835 | 3.1284 | 3.0259 |
| WHEATF | 664.19 | 665.29 | 665.44 | 656.83 |
| XAUUSD | 4171.76 | 4172.06 | 4187.82 | 4163 |
| XAGUSD | 57.265 | 57.581 | 57.67 | 56.715 |