Silver Intra-day Analysis 1st Mar Feb. 2021
Turning Down
Our Pivot: 27.23
Our Preference: Short sell below 27.05 with strict stop loss of 27.23 and profit target at 26.64 with extension towards 26.31.
Alternate Scenario: Upward penetration of 27.23 will call for 27.45.
NOTE: Silver is being capped by a strong horizontal resistant region below its major correction level.
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 | 5.7728 | 5.777 | 5.7874 | 5.7708 |
| USOil | 65.148 | 65.182 | 65.436 | 64.924 |
| UKOil | 70.206 | 70.246 | 70.255 | 67.344 |
| NGAS | 3.0561 | 3.0681 | 3.07 | 3.0135 |
| WHEATF | 553.58 | 553.94 | 553.17 | 541.13 |
| XAUUSD | 4966.63 | 4967.53 | 4989.18 | 4960.53 |
| XAGUSD | 76.703 | 77.062 | 77.895 | 76.628 |