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:
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 | 6.675 | 6.6792 | 6.6989 | 6.5252 |
| USOil | 93.414 | 93.448 | 93.532 | 90.138 |
| UKOil | 95.795 | 95.865 | 96.074 | 92.805 |
| NGAS | 3.1665 | 3.1785 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4487.94 | 4488.24 | 4541.66 | 4463.03 |
| XAGUSD | 74.979 | 75.308 | 77.178 | 74.326 |