Silver Intra-day Analysis 4th Feb. 2021
Under Pressure
Our Pivot: 26.73
Our Preference: Short sell Silver below 26.50 with strict stop loss of 26.73 and profit target at 26.03 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.73 will call for 27.00.
NOTE: Silver is being capped by a resistant trend line.
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 | 4.2171 | 4.2213 | 4.2535 | 4.2106 |
| USOil | 73.674 | 73.708 | 73.993 | 73.547 |
| UKOil | 77.32 | 77.38 | 77.661 | 77.204 |
| NGAS | 3.0686 | 3.0806 | 3.1156 | 3.0604 |
| WHEATF | 550.08 | 551.18 | 551.18 | 543.84 |
| XAUUSD | 2760.1 | 2760.69 | 2766.58 | 2759.51 |
| XAGUSD | 30.36 | 30.397 | 30.5 | 30.325 |