Silver Intra-day Analysis 4th Feb. 2021
Under Pressure
Our Pivot: 26.73
Our Preference: Short sell Silver below 26.50 with strict stop loss of 26.73 and profit target at 26.03 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.73 will call for 27.00.
NOTE: Silver is being capped by a resistant trend line.
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 | 5.7731 | 5.7773 | 5.7874 | 5.7708 |
| USOil | 65.134 | 65.168 | 65.436 | 64.924 |
| UKOil | 70.206 | 70.246 | 70.255 | 67.344 |
| NGAS | 3.055 | 3.067 | 3.07 | 3.0135 |
| WHEATF | 553.58 | 553.94 | 553.17 | 541.13 |
| XAUUSD | 4968.3 | 4969.2 | 4989.18 | 4960.53 |
| XAGUSD | 76.802 | 77.164 | 77.895 | 76.628 |