Silver Intra-day Analysis 1st Mar Feb. 2021
Turning Down
Our Pivot: 27.23
Our Preference: Short sell below 27.05 with strict stop loss of 27.23 and profit target at 26.64 with extension towards 26.31.
Alternate Scenario: Upward penetration of 27.23 will call for 27.45.
NOTE: Silver is being capped by a strong horizontal resistant region below its major correction level.
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 | 4.2472 | 4.2514 | 4.2813 | 4.2332 |
| USOil | 73.908 | 73.942 | 74.323 | 72.928 |
| UKOil | 77.586 | 77.626 | 78.205 | 76.824 |
| NGAS | 3.0756 | 3.0876 | 3.6961 | 3.0714 |
| WHEATF | 544.7 | 545.06 | 547.69 | 533.07 |
| XAUUSD | 2762.43 | 2764.05 | 2759.74 | 2734.67 |
| XAGUSD | 30.399 | 30.451 | 30.427 | 29.872 |