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 | 6.7028 | 6.707 | 6.7435 | 6.6866 |
| USOil | 86.713 | 86.747 | 87.098 | 86.132 |
| UKOil | 91.314 | 91.374 | 91.611 | 90.694 |
| NGAS | 2.9339 | 2.9459 | 2.9491 | 2.9085 |
| WHEATF | 772.95 | 774.05 | 780.18 | 766.69 |
| XAUUSD | 4432.89 | 4433.19 | 4461.7 | 4424.65 |
| XAGUSD | 66.456 | 66.778 | 67.238 | 65.929 |