Silver Intra-day Analysis 18th Feb. 2021
Under Pressure
Our Pivot: 27.72
Our Preference: Short sell Silver below 27.49 with strict stop loss of 27.72 and profit target at 27.05 with extension towards 26.84.
Alternate Scenario: Upward penetration of 27.72 will call for 28.00.
NOTE: Silver have retested supportive trend line of its previous bullish price channel as resistance and now its heading for bearish expansion.
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 | 4.2266 | 4.2308 | 4.2535 | 4.2201 |
| USOil | 73.732 | 73.766 | 73.993 | 73.677 |
| UKOil | 77.395 | 77.455 | 77.661 | 77.345 |
| NGAS | 3.0855 | 3.0975 | 3.1156 | 3.0711 |
| WHEATF | 548.32 | 549.42 | 550.19 | 543.84 |
| XAUUSD | 2764.69 | 2765.24 | 2766.58 | 2761.97 |
| XAGUSD | 30.454 | 30.489 | 30.5 | 30.371 |