Silver Intra-day Analysis 18th Feb. 2021
Under Pressure
Our Pivot: 27.72
Our Preference: Short sell Silver below 27.49 with strict stop loss of 27.72 and profit target at 27.05 with extension towards 26.84.
Alternate Scenario: Upward penetration of 27.72 will call for 28.00.
NOTE: Silver have retested supportive trend line of its previous bullish price channel as resistance and now its heading for bearish expansion.
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 | 6.704 | 6.7082 | 6.7435 | 6.6866 |
| USOil | 86.707 | 86.741 | 87.098 | 86.132 |
| UKOil | 91.311 | 91.371 | 91.611 | 90.694 |
| NGAS | 2.9324 | 2.9444 | 2.9491 | 2.9085 |
| WHEATF | 773.09 | 774.19 | 780.18 | 766.69 |
| XAUUSD | 4433.18 | 4433.48 | 4461.7 | 4424.65 |
| XAGUSD | 66.472 | 66.795 | 67.238 | 65.929 |