Silver Intra-day Analysis 5th Mar Feb. 2021
Caution
Our Pivot: 25.44
Our Preference: Short sell below 25.28 with strict stop loss of 25.44 and profit target at 24.95 with extension towards 24.70.
Alternate Scenario: Upward penetration of 25.44 will call for 26.00.
NOTE: Silver is moving in a bearish price channel but its being supported by a strong supportive trend line at 24.70.
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 | 6.2593 | 6.2635 | 6.2994 | 6.1919 |
| USOil | 82.552 | 82.576 | 82.783 | 78.597 |
| UKOil | 88.189 | 88.229 | 88.351 | 83.68 |
| NGAS | 2.9156 | 2.9276 | 2.9319 | 2.8375 |
| WHEATF | 684.71 | 685.07 | 685.43 | 666.07 |
| XAUUSD | 4013.3 | 4014.2 | 4024.11 | 3959.52 |
| XAGUSD | 55.705 | 56.072 | 56.364 | 54.614 |