Silver Intra-day Analysis 24th Mar. 2021
Under Pressure
Our Pivot: 25.43
Our Preference: Short sell Silver below 25.28 with strict stop loss of 25.43 and profit target at 25.00 with extension towards 24.91.
Alternate Scenario: Upward penetration of 25.43 will call for 25.65.
NOTE: Silver is moving in a bearish price channel.
Chart with supports & resistances:
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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 | 65.124 | 65.158 | 65.436 | 64.924 |
| UKOil | 70.206 | 70.246 | 70.255 | 67.344 |
| NGAS | 3.0554 | 3.0674 | 3.07 | 3.0135 |
| WHEATF | 553.58 | 553.94 | 553.17 | 541.13 |
| XAUUSD | 4968.06 | 4968.96 | 4989.18 | 4960.53 |
| XAGUSD | 76.788 | 77.148 | 77.895 | 76.628 |