Under Pressure
Our Pivot: 27.05
Our Preference: Short sell Silver below 26.86 with strict stop loss of 27.05 and profit target at 26.43 with extension towards 26.25.
Alternate Scenario: Upward penetration of 27.03 will call for 27.30.
NOTE: Silver is moving in a bearish price channel on hourly chart.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 5.0673 | 5.0715 | 5.0881 | 4.9134 |
USOil | 65.197 | 65.231 | 65.578 | 64.643 |
UKOil | 67.87 | 67.93 | 68.344 | 67.349 |
NGAS | 3.5474 | 3.5594 | 3.6009 | 3.516 |
WHEATF | 541.32 | 542.42 | 548.43 | 540.7 |
XAUUSD | 3337.08 | 3337.38 | 3350.5 | 3329.19 |
XAGUSD | 36.649 | 36.68 | 36.854 | 36.218 |