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: 

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

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