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:

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

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