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

TickerBidAskHighLow
Copper6.25936.2635 6.2994 6.1919
USOil82.55282.576 82.783 78.597
UKOil88.18988.229 88.351 83.68
NGAS2.91562.9276 2.9319 2.8375
WHEATF684.71685.07 685.43 666.07
XAUUSD4013.34014.2 4024.11 3959.52
XAGUSD55.70556.072 56.364 54.614


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