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:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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