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 | 6.665 | 6.6692 | 6.6989 | 6.5252 |
| USOil | 93.448 | 93.482 | 93.417 | 90.138 |
| UKOil | 95.889 | 95.949 | 96.074 | 92.805 |
| NGAS | 3.1574 | 3.1694 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4486.68 | 4486.98 | 4541.66 | 4463.03 |
| XAGUSD | 74.957 | 75.284 | 77.178 | 74.326 |