Silver Intra-day Analysis 12th Feb. 2021

Under Pressure

Our Pivot: 27.32

Our Preference: Short sell Silver below 27.10 with strict stop loss of 27.32 and profit target at 26.82 with extension towards 26.70.

Alternate Scenario: Upward penetration of 27.32 will call for 27.51.

NOTE: Silver is moving in a bearish price channel.

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

TickerBidAskHighLow
Copper4.11024.1144 4.1679 4.1065
USOil69.64269.676 69.962 68.847
UKOil73.6473.7 73.991 72.885
NGAS3.37163.3836 3.3855 3.1884
WHEATF574.82575.92 577.8 570.57
XAUUSD2667.082667.43 2671.93 2648.73
XAGUSD31.01331.044 31.327 30.809


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