Silver Intra-day Analysis 6th Apr. 2021

Further Advance

Our Pivot: 24.80

Our Preference: Buy Silver above 24.97 with strict stop loss of 24.80 and profit target at 25.21 with extension towards 25.27.

Alternate Scenario: Downward penetration of 24.80 will call for 24.65.

NOTE: Silver is in expansion mode of its last correction and have successfully penetrated above its major resistant 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
Copper5.10495.1091 5.2354 5.0409
USOil60.54460.578 60.732 59.622
UKOil64.95565.015 65.171 64.035
NGAS3.94713.9591 3.9496 3.7804
WHEATF523.83524.93 535.94 519.82
XAUUSD4008.654009.05 4015.15 3915.09
XAGUSD48.69348.893 48.999 47.165


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