Silver Intra-day Analysis 4th Mar Feb. 2021
Downside Prevails
Our Pivot: 26.50
Our Preference: Short sell below 26.28 with strict stop loss of 26.50 and profit target at 25.92 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.50 will call for 26.74.
NOTE: Silver is being capped by a descending 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 | 6.6647 | 6.6689 | 6.6989 | 6.5252 |
| USOil | 93.437 | 93.471 | 93.417 | 90.138 |
| UKOil | 95.869 | 95.929 | 96.074 | 92.805 |
| NGAS | 3.1576 | 3.1696 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4487.04 | 4487.34 | 4541.66 | 4463.03 |
| XAGUSD | 74.96 | 75.288 | 77.178 | 74.326 |