Silver Intra-day Analysis 19th Feb. 2021

Under Pressure

Our Pivot: 27.05

Our Preference: Short sell Silver below 26.86 with strict stop loss of 27.05 and profit target at 26.43 with extension towards 26.25.

Alternate Scenario: Upward penetration of 27.03 will call for 27.30.

NOTE: Silver is moving in a bearish price channel on hourly chart.

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

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