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 | 6.6991 | 6.7033 | 6.7435 | 6.6866 |
| USOil | 86.673 | 86.707 | 87.098 | 86.132 |
| UKOil | 91.415 | 91.475 | 91.611 | 90.694 |
| NGAS | 2.9196 | 2.9316 | 2.9491 | 2.9085 |
| WHEATF | 780.7 | 781.8 | 782.18 | 766.69 |
| XAUUSD | 4431.45 | 4431.75 | 4461.7 | 4424.65 |
| XAGUSD | 66.402 | 66.725 | 67.238 | 65.929 |