Silver Intra-day Analysis 16th Feb. 2021

Turning Down

Our Pivot: 28.09

Our Preference: Short sell Silver below 27.85 with strict stop loss of 28.09 and profit target at 27.50 with extension towards 27.32.

Alternate Scenario: Upward penetration of 28.09 will call for 28.31.

NOTE: Silver is being capped by a strong horizontal resistant region.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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