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 | 5.0673 | 5.0715 | 5.0881 | 4.9134 |
| USOil | 65.193 | 65.227 | 65.578 | 64.643 |
| UKOil | 67.866 | 67.926 | 68.344 | 67.349 |
| NGAS | 3.5474 | 3.5594 | 3.6009 | 3.516 |
| WHEATF | 541.32 | 542.42 | 548.43 | 540.7 |
| XAUUSD | 3336.89 | 3337.19 | 3350.5 | 3329.19 |
| XAGUSD | 36.648 | 36.678 | 36.854 | 36.218 |